6 Saffron Street, Bryndwr, Christchurch

Located at 6 Saffron Street, Bryndwr, Christchurch, this residential dwelling boasts three bedrooms and a modern kitchen, complemented by a spacious living area with a log burner, ideal for cozy winter evenings. The property also features a bathroom equipped with both a bath and shower, catering to all needs. With a floor area of 105 square meters and sitting on a 612 square meter freehold land, the house is constructed with concrete walls and tiled roof, indicating a solid build from 1960. The property's condition is noted as good for the walls and average for the roof, situated on level ground, making it accessible and convenient.

From an investment perspective, the property has seen a significant capital value increase, from $465,000 in August 2019 to $680,000 in August 2022, marking a 46.24% growth. The latest HouGarden AVM estimates the property's value at $665,000. It was last sold on 22nd July 1996 for $143,000. Despite its 'As Is Where Is' condition due to failed EQC repairs with no insurance or EQC claims transferable, the property's location and zoning for sought-after schools make it a compelling opportunity.

The property is zoned for several high-decile schools, including Cobham Intermediate, Burnside High School, and Papanui High School, all renowned for their quality education. Additional nearby schools include Wairakei School (Christchurch), Christ the King School (Christchurch), St Patrick's School (Bryndwr), Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, Emmanuel Christian School, Christchurch Adventist School, Hagley Community College, and Marian College, offering a wide range of educational options for families.

Updated on April 02, 2024.