468 Barbadoes Street, Edgeware, Christchurch

Nestled on a spacious 526m² corner section in the sought-after Edgeware neighborhood of Christchurch, this 1954-built residential dwelling at 468 Barbadoes Street offers immense potential. The freehold property boasts 3 bedrooms, 1 bathroom, and a generous floor area of 98m², complemented by a double carpark and a games room with an extra bathroom. With a concrete exterior and tiled roof in average condition, this property is ideal for developers, investors, and flippers looking to capitalize on its CV of $730,000, a significant increase of 69.77% from $430,000 in 2019. The property's HouGarden AVM stands at $700,000, with the latest sale recorded in 1994 at $84,000, highlighting the investment growth over the years.

For families, the property falls within a desirable school zone, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Mairehau High School (Decile 4), among others. This provides an added advantage for those seeking quality education for their children.

With its prime location, convenient access to amenities, and potential for future growth, this property presents a golden opportunity for those with a keen eye for investment.

Updated on October 07, 2024