Nestled in the esteemed Cashmere Valley, this 1970s residence at 55 Landsdowne Terrace boasts 3 bedrooms, 2 carparks, and a floor area of 139sqm on a sprawling 615sqm freehold section. The concrete walls and tiled roof are in good condition, complemented by a recent north-facing conservatory. The property's capital value has surged by 48.21% over the past 3 years, from $560,000 to $830,000. The latest sale was recorded at $870,000 in November 2024. The HouGarden AVM estimates the property's worth at $760,000. This home is not just about numbers; it's a serene haven with views of the Port Hills and meticulously kept gardens.
Government valuations show a consistent increase, reflecting the area's desirability. The property's value has seen a significant jump, testament to the appeal of this tranquil cul-de-sac location. The recent sale price is a clear indicator of the high demand for properties in this prime Cashmere locale.
For families, the school zone is a significant draw. Zoned for highly rated schools such as Thorrington School (decile 10), Christchurch South Karamata Intermediate, and Cashmere High School (both decile 9), education is a priority here. The area offers a supportive and high-achieving educational environment, making this property an exceptional choice for those with children.
Updated on December 18, 2024