Located at 2 Gardiners Road, Bishopdale, Christchurch, this residential dwelling boasts a freehold ownership type with a land area of 806sqm and a floor area of 149sqm. Constructed in 1950 with concrete walls in good condition and an iron roof also in good condition, the property features 3 bedrooms, a single garage plus carport, and is situated on a level contour. Its construction includes suspected stramit (compressed straw), which may affect the home's integrity.
The property has seen a significant capital value increase from $445,000 in August 2019 to $640,000 in August 2022, marking a 43.82% growth. The HouGarden AVM estimates its value at $627,500. This home, on the market for the first time in 68 years, is sold 'As Is' with all residual EQC claims transferring to the new owner. Despite the completion of EQC work, there is no money to transfer. This presents a unique opportunity for those looking for a development site or a project in a prime location close to amenities.
Surrounded by reputable schools, the property is zoned for Cotswold Matahae School (decile 8), Breens Intermediate (decile 7), and several others including Villa Maria College (decile 9) and Papanui High School (decile 7), making it an ideal location for families. The proximity to schools, shops, parks, transport, and the airport adds to its appeal.
Updated on March 22, 2024.