Welcome to 10 Fortune Street, Mairehau – a charming freehold property nestled in a quiet cul-de-sac. This thoughtfully refreshed residence boasts 3 bedrooms, 1 bathroom, and 2 car parks, with a spacious floor area of 126m² on a level 615m² section. The exterior features new brick cladding, while the roof is solidly constructed with tiles. Since its establishment in 1956, the property has been meticulously maintained, with both the walls and roof in average condition. The modern comforts of a heat pump and a cozy log burner (wetback) ensure year-round comfort.
As for the property's financials, the capital value has seen a substantial increase from $410,000 in August 2019 to $610,000 in August 2022, reflecting a growth of 48.78%. The HouGarden AVM estimates the property's worth at $612,500. Notably, the latest sale history includes transactions in 2016 for $410,000 and in 2007 for $255,000.
For families with children, the property falls within the catchment area of several esteemed schools. Middleton Grange School (Years 11-13) and Marian College, both with a decile rating of 9 and 8 respectively, are among the highlights. Other schools in the zone include Emmanuel Christian School, Christchurch Adventist School, Mairehau High School, Mairehau School, Hagley Community College, and more. Combining a convenient location, a family-friendly neighborhood, and impressive growth potential, 10 Fortune Street is indeed a stroke of good fortune.
Updated on September 26, 2024