Nestled on a sprawling 1,178 sqm in the prestigious Merivale, this stately 5-bedroom, 2-carpark residence boasts a rich heritage, dating back to 1920. Constructed with wood exterior walls and tile roofing, the Freehold property exudes a classic charm, complemented by modern amenities. The government's capital value (CV) has seen a remarkable increase of 50.35% from $1,410,000 in 2019 to $2,120,000 as of 2022. The property, located at 34 Heaton Street, presents an opportunity to own a piece of history, with its average-condition walls and roof, and level contour.
With a HouGarden AVM estimate of $2,102,500, the property's latest sale history includes transactions in 2002 and 1996, reflecting a growing investment value. The CV growth percentage is a testament to the property's desirability and potential for further appreciation.
For families, the property falls within an elite school zone, including top-rated schools such as Elmwood Normal School, Heaton Normal Intermediate, Christchurch Girls' & Boys' High Schools, and Burnside High School. These institutions offer a decile rating ranging from 8 to 10, ensuring access to the best education. This residence is not just a home but a sound investment in your family's future.
Updated on November 29, 2024