127 Francis Avenue, Mairehau, Christchurch

Nestled in the serene Mairehau, Christchurch, this stunning freehold property at 127 Francis Avenue boasts a generous land area of 1267sqm and a floor area of 146sqm. Constructed in 1930 with wood walls and iron roofing, both in good condition, this home offers 4 bedrooms, a carpark, and the comfort of heat pumps. The capital value has seen a remarkable increase of 36.36%, from $660,000 in 2019 to $900,000 as of 2022. The latest sale was recorded at $635,000 in 2024, while the HouGarden AVM estimates it at $862,500.

With a history of steady capital value growth, this property is not just an investment but a wise one. The government valuations reflect its escalating worth, making it an attractive opportunity for potential buyers.

For families with children, the property falls within the decile 9 Middleton Grange School zone, along with other well-rated institutions such as Emmanuel Christian School and Marian College. The educational options are as impressive as the property itself, promising a sound future for both investment and family life.

Updated on April 11, 2024