Located at 2/12 Molesworth Place, Somerfield, Christchurch, this residential property features 2 bedrooms, 1 bathroom, and no carpark, with a floor area of 110 square meters. Built in 1973, the property boasts brick walls in good condition and a tiled roof also in good condition. It is a Cross-Lease property categorized as Residential - Ownership home units, situated on a level contour.
The capital value of the property has seen a significant increase, from $395,000 in August 2019 to $510,000 in August 2022, marking a 29.11% growth. The HouGarden AVM estimates the property's value at $490,000. The latest sale recorded was on February 14, 2024, for $605,000, up from $405,000 on May 4, 2016.
The property is well-positioned within excellent school zones, including Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, and Cashmere High School, all with high decile ratings. It also falls within the zones for Hillmorton High School, Our Lady of the Assumption School, Hoon Hay School, Hillview Christian School, Christchurch Adventist School, and Hagley Community College, offering a wide range of educational options.
Updated on April 05, 2024.