Nestled in the prestigious Fendalton neighborhood, 12 Makora Street presents a charming freehold property, built in 1998 with robust brick walls and iron roofing. This well-maintained residence boasts 3 bedrooms, a spacious floor area of 270 square meters, and a generous land size of 494 square meters, complete with a double garage and private outdoor spaces that feature a beautiful garden. The property has seen a significant Capital Value increase of 37.14% over the past three years, from $1,050,000 to the current $1,440,000. The latest sale history shows a promising trend, with a transaction at $1,350,000 in 2024, up from $1,170,000 in 2021. The HouGarden AVM estimates the property's worth at $1,402,500.
For families with school-aged children, the property falls within the highly sought-after school zones of Christchurch Girls' and Boys' High Schools, Burnside High, Cobham Intermediate, and the decile 10 rated St Patrick's School and Fendalton Open Air School. This address offers access to some of the best educational institutions in the region.
With its prime location, excellent school zones, and strong capital value growth, this property is not just a home but also a sound investment for the future.
Updated on August 01, 2024