Nestled in the serene Bowenvale valley, this freehold property at 157 Bowenvale Avenue, Cashmere, Christchurch, boasts 5 bedrooms, 4 car parks, and a generous floor area of 432sqm. Constructed in 1990 with mixed materials for the walls and iron for the roof, both are in good condition. The property, sitting on a 1,140sqm section with an easy/moderate rise contour, features a wrap-around deck, an in-ground saltwater pool, and a spa. It's a perfect blend of comfort and luxury, equipped with full insulation, two heat pumps, and a log burner. The latest sale was recorded on May 29, 2024, at $550,000, while the capital value as of August 1, 2022, stands at $1,720,000, indicating a significant growth percentage.
As for the government valuation, the property has seen a consistent rise, reflecting its appeal and investment potential. The HouGarden AVM further testifies to the property's worth. This residence is not only a haven of tranquility but also falls within a highly sought-after school zone, enhancing its already substantial value.
In terms of education, the local schools have a high decile rating, promising a quality education for the family. This, coupled with the property's spacious layout and prime location, makes it an attractive option for those seeking a family home or a sound investment.
Updated on June 05, 2024