24 Bordesley Street, Phillipstown, Christchurch

Located at 24 Bordesley Street, Phillipstown, Christchurch, this residential dwelling offers a unique blend of character and potential. Built in 1950, the property features 3 bedrooms, 1 bathroom, and 1 carpark, spread over a floor area of 99m² on a generous land area of 922m². The freehold property boasts wood wall construction in good condition and tile roofing in average condition, all set on a level contour. This property presents an excellent opportunity for those looking to renovate or redevelop, especially given its substantial land size close to the city centre.

The property has seen a significant increase in capital value, from $280,000 in August 2019 to $425,000 in August 2022, marking a 51.79% increase. The latest sale in February 2024 fetched $567,000, demonstrating the property's growing appeal. The HouGarden AVM estimates the property's value at $407,500. With a history of steady growth and a recent sale well above the CV, this property represents a solid investment.

Situated within a desirable school zone, the property offers access to a range of educational institutions including Middleton Grange School (Composite, Decile 9), Te Waka Unua School (Full Primary, Decile 2), Hillview Christian School (Composite, Decile 7), Christchurch Adventist School (Composite, Decile 5), Hagley Community College (Secondary, Decile 6), Marian College (Secondary, Decile 8), and Te Aratai College (Secondary, Decile 3). This diverse selection of schools caters to a wide range of educational needs and preferences, making it an ideal location for families.

Updated on April 05, 2024.