142 Mersey Street, Saint Albans, Christchurch

Nestled on a level section at 142 Mersey Street, Saint Albans, Christchurch, this charming 3-bedroom, 2-carpark bungalow on freehold land is a gem that's not to be missed. Constructed in 1937 with wood walls and an iron roof, both in average condition, the property has undergone a substantial renovation, featuring a brand-new kitchen, bathrooms, double glazing, and comprehensive insulation. The 117sqm floor area is complemented by a spacious double-glazed studio, and sits pretty on a full-size 736sqm section with a new driveway, decking, and lawns.

With a CV of $780,000 as of August 2022, the property has shown a remarkable increase of 57.6% from its 2019 CV of $495,000. The HouGarden AVM estimates the property at $750,000, while the latest sales history includes a sale in March 2024 for $1,000,000 and another in May 2023 for $490,000, showcasing the property's consistent capital value growth.

For families, the property is zoned for top-rated schools such as St Albans School, Heaton Normal Intermediate, and Mairehau High School, all within an esteemed decile range of 4 to 9. Located in a quiet cul-de-sac, it's a short stroll to local cafes and parks, with easy access to Merivale Mall and the city center, making this property a perfect blend of convenience and comfort.

Updated on April 11, 2024