Nestled on a freehold title of 511m2 at 140 Aylesford Street, Mairehau, Christchurch, this 1920-built residence boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed with wooden walls and an iron roof, both in average condition, the property presents a floor area of 76m2. The capital value has seen a remarkable increase of 62.32% from $345,000 in 2019 to $560,000 as of 2022. The latest sales were recorded at $590,000 on August 20th, 2024, and $445,000 on March 14th, 2024, with the HouGarden AVM estimating the property's worth at $537,500. This home, set in a level contour, is perfect for those seeking potential, positioned in a quiet cul-de-sac with easy access to amenities and the CBD.
With a decile rating of 9, Middleton Grange School (Years 11 - 13) and Emmanuel Christian School (Year 1-10) are among the esteemed institutions in the zone. Other schools include Shirley School, Shirley Intermediate, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College. The property's 'As Is, Where Is' condition offers a blank canvas for the new owner to transform and capitalize on its underlying value.
Don't miss the opportunity to make this property your own. Its strategic location, coupled with the potential for improvement, makes it an attractive prospect for a variety of buyers.
Updated on October 09, 2024