Nestled in the serene Cardigan Bay Place, a prime location in Addington, Christchurch, this 1997-built residential gem with a cross-lease title presents an opportunity like no other. The 3-bedroom, 2-car park home boasts a brick exterior, tiled roof, and a well-maintained interior, spread across a level contour with a floor area of 130 square meters. The property has seen a remarkable Capital Value (CV) increase of 43.90% from $410,000 in 2019 to $590,000 as of 2022, showcasing its investment potential. The latest sales history, at $618,000 in 2024, further solidifies its market worth, with the HouGarden AVM estimating it at $537,500.
With a CV growth that speaks volumes about its desirability, this property is not just a home but a smart investment. The location is further enhanced by its proximity to an array of schools, including Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Middleton Grange School (Decile 9), ensuring top-notch education for the family. The property's appeal is not just in its numbers; it's the combination of classic style with modern convenience, the granite finished kitchen, and the abundance of natural light that makes it stand out.
Centrally located, with easy access to Pioneer Recreation Centre, supermarkets, and shopping malls like Riccarton and Barrington, this property is not only visually appealing but also a practical choice for a family. The heat pump in the lounge, tiled bathroom, and a double internal access garage add to the comfort and convenience. This is a home that checks all the boxes and demands your attention. Don't miss this brilliant opportunity!
Updated on December 18, 2024