Nestled in the serene Halswell suburb at 5 Summerleas Lane, this exquisite residence is the epitome of modern elegance. Constructed with a mix of materials for the walls and iron for the roof, this 2023-built freehold property sits on a level contour with a well-maintained exterior. It boasts 3 bedrooms, 2 carparks, and a spacious floor area of 198 square meters on a land area of 603 square meters. The property has experienced a remarkable Capital Value (CV) increase of 244.83% from $290,000 in 2019 to $1,000,000 in 2022. The HouGarden AVM estimates the property's value at $975,000, making it an attractive investment. The recent teaser price reduction to $949,000 is a steal for this property in a prime location.
With a CV growth rate that outpaces the market average, this property is not just a home but a sound investment. The government valuations reflect its escalating worth, and the recent sale history supports the trend of increasing property values in the area. The quiet cul-de-sac adds to the appeal, ensuring a peaceful living environment.
For families with school-aged children, this property falls within the zone of several high-performing schools. The nearby Villa Maria College and St Thomas of Canterbury College are both secondary schools with high decile ratings of 9 and 8 respectively. Other notable schools include Middleton Grange School, Aidanfield Christian School, Hillmorton High School, Our Lady of the Assumption School, Oaklands School, Christchurch Adventist School, and Hagley Community College, all within easy reach.
Updated on July 18, 2024