Located at 12 Cottonwood Street, Parklands, Christchurch, this charming 1960s dwelling offers a unique opportunity in a booming neighborhood. The property features three bedrooms, a family bathroom, and a separate toilet, alongside a designated laundry room. It boasts an open plan kitchen, dining, and living area that maximizes natural light and provides an indoor-outdoor flow to a fully fenced backyard with an entertaining deck. The original kitchen presents a chance for customization, adding value to this asset. The property is built on a level contour 610 sqm freehold land, with a 106 sqm floor area, and includes a carport. The exterior is constructed with concrete walls in good condition and an iron roof in average condition, dating back to 1967.
The capital value of the property has seen a significant increase, from $335,000 in August 2019 to $495,000 in August 2022, marking a 47.76% growth. The HouGarden AVM estimates the property's value at $475,000. The latest sale recorded was on January 15, 2024, for $588,550, showcasing the property's increasing appeal in the market.
The property is zoned for several reputable schools, including Parkview School (decile 6), Avonside Girls' High School (decile 6), Shirley Boys' High School (decile 6), and Mairehau High School (decile 4), among others, offering excellent education options. Emmanuel Christian School (decile 8) and Middleton Grange School (decile 9) are also within the vicinity, providing composite education options.
Updated on April 06, 2024.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.25 km | 4 | 185m2 | 2024 10 22 | $767,000 | Council approved | ||
 | 0.16 km | 3 | 1 | -m2 | 2024 09 09 | - | Council approved | |
 | 0.29 km | 3 | 1 | 80m2 | 2024 08 02 | $527,500 | Council approved | |
 | 0.26 km | 4 | 2 | 142m2 | 2024 07 29 | $622,000 | Council approved | |
 | 0.27 km | 3 | 123m2 | 2024 07 19 | $582,500 | Council approved |