Nestled on a spacious 663sqm site at 202 Wairakei Road, Bryndwr, Christchurch, this charming 1940s bungalow boasts a freehold title and a construction that marries roughcast walls with an iron roof. It offers 3 bedrooms, 2 carparks, and a generous floor area of 121sqm. The property, with an average wall and roof condition, is set in a level contour, providing a solid foundation for potential improvements.
Boasting a capital value increase of 46%, from $480,000 in 2019 to $700,000 in 2022, the property's HouGarden AVM stands at $670,000. The latest sale history includes transactions in 2005 for $240,000 and in 1999 for $133,500, highlighting a consistent growth trend. This is an attractive investment opportunity in a sought-after location.
For families with children, the property falls within the Burnside High School zone, a secondary school with a decile rating of 8. Additionally, there's a choice of excellent primary and intermediate schools nearby, including Wairakei School (decile 6), Cobham Intermediate (decile 8), and Waimairi School (decile 9). This address offers access to a range of high-quality educational institutions.
Updated on October 25, 2024