3/43 Fendalton Road, Fendalton, Christchurch

Nestled in the serene cul-de-sac of 3/43 Fendalton Road, this 1960-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carport. The 80sqm floor area is complemented by a well-maintained fibrous cement exterior and an iron roof in good condition. This cross-lease property has seen a significant Capital Value (CV) increase of 52.94% from $425,000 in 2019 to $650,000 as of 2022. The latest HouGarden AVM estimates the property's worth at $602,500, while the most recent sale was in 2017 for $452,000.

With a heat pump for year-round comfort and a private backyard, this home is perfect for investors, first-time buyers, or those seeking entry into the area. The property is within the golden triangle of education, zoned for esteemed schools such as Christchurch Boys' and Girls' High Schools. It's also in close proximity to universities and parks, making it an ideal location for families.

As for schools, the area includes Burnside High School (Decile 8), Ilam School (Decile 6), St Patrick's School (Decile 10), and more, all contributing to a high-quality educational environment. This opportunity knocks with a sense of urgency, as properties in this location are highly sought after and rarely last long on the market.

Updated on July 05, 2024