1/49 Waltham Road, Sydenham, Christchurch

Nestled in the friendly neighborhood of Sydenham, Christchurch, this well-presented 2-bedroom, 1-bathroom home offers an excellent opportunity for first home buyers and investors. Built in 1997 with concrete walls and an iron roof, both in good condition, this cross-lease property boasts a spacious floor area of 71 square meters. The property has seen a significant increase in Capital Value (CV), rising from $220,000 in August 2019 to $350,000 in August 2022, a growth of 59.09%. The HouGarden AVM estimates the property's value at $335,000, while the latest sale history includes transactions at $250,000 in 2015 and $195,000 in 2008.

With no body corporate fees, a fully fenced section, and the convenience of a heat pump, this home is connected to fibre and features a north-facing lounge with sliding doors opening to a private courtyard. It's situated in a quiet cul-de-sac, less than 3.5km from the city center, and is within the catchment area of several reputable schools, including Middleton Grange School (Decile 9) and Marian College (Decile 8).

For families with school-aged children, the property falls under the Waltham School zone (Decile 3), Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Te Aratai College (Decile 3). This property is a gem in a sought-after location and won't last long on the market.

Updated on April 24, 2024