Nestled at 13 Kowhai Terrace, Saint Martins, Christchurch, this charming 1920-built residence boasts a freehold title and is set on a level, 453sqm section. The 97sqm floor area encompasses three bedrooms, one bathroom, and a single carpark. The classic home features wood exterior walls in good condition, an iron roof, and a warm, inviting ambiance with original decorative lead light windows and woodwork. The property has seen a significant Capital Value (CV) increase of 49.40% from $415,000 in 2019 to the current $620,000 in 2022. HouGarden AVM estimates the property's value at $602,500, while the latest sale in 2024 was for $570,000.
With a CV growth that outpaces the market average, this property is not just a home but a sound investment. The recent sale history and AVM reflect a property that's both sought after and valued. Its location in a quiet cul-de-sac only adds to its appeal, offering privacy and tranquility.
For families with school-aged children, the property falls within the zones of several high-performing schools, including Cashmere High School, Villa Maria College, and Middleton Grange School, all with decile ratings of 9. Other schools in the area include St Thomas of Canterbury College, Hillview Christian School, Christchurch Adventist School, Hagley Community College, and Beckenham Te Kura o Puroto, catering to a range of educational needs and preferences.
Updated on August 28, 2024