40 Cranmer Square, Christchurch Central, Christchurch

Located at 40 Cranmer Square, Christchurch Central, this unique property stands as a testament to classic charm and modern convenience. This freshly renovated cottage, dating back to 1910, offers three bedrooms, with two featuring built-in robes, and one bathroom. Despite its historical roots, the house has been updated to include two heat pumps, ensuring comfort during the cooler months. The property spans a floor area of 105 square meters on a freehold land area of 89 square meters. Its exterior boasts wooden walls, though in poor condition, and an iron roof in average condition, all set on a level contour.

The property has seen a significant increase in capital value, from $350,000 in August 2019 to $560,000 in August 2022, marking a 60% growth. The latest sale on February 20, 2024, was at $452,000, with a HouGarden AVM estimation of $537,500. This growth trajectory highlights the property's increasing appeal and value in the market.

Education is a cornerstone of this property's appeal, situated within zones for high-decile schools including Burnside High School (decile 8), Heaton Normal Intermediate (decile 9), Christchurch Boys' High School (decile 10), and several others, ensuring a range of quality education options for families. The property's location and school zoning combine to offer a balanced lifestyle of comfort, convenience, and educational excellence.

Updated on April 04, 2024.