Don't miss this fantastic opportunity to own a permanent material standalone townhouse in the sought-after neighbourhood of Somerfield. This delightful two double bedroom home boasts an abundance of natural sunlight with its well-appointed kitchen and open plan living and dining. The property, located at 1/33 Studholme Street, Somerfield, Christchurch, features brick walls and an iron roof, both in good condition, reflecting its 1988 construction. With a floor area of 117 square meters, it offers two bathrooms, two car parks, and a level property contour under a Unit Title ownership.
The capital value of this property has seen a significant increase, from $405,000 in August 2019 to $560,000 in August 2022, marking a 38.27% growth. The latest sale on February 14, 2024, was at $615,000, up from $389,000 back in September 2015. The HouGarden AVM estimates the property's value at $537,500, indicating its potential for future appreciation.
Education is a key feature of this location, with Somerfield Primary School just across the road, and also zoned for Cashmere High School, ensuring a solid investment. The property is within the school zones of Villa Maria College, St Thomas of Canterbury College, Middleton Grange School (Years 11 - 13), Christchurch South Karamata Intermediate, Somerfield Te Kura Wairepo, Cashmere High School, Hillview Christian School, Christchurch Adventist School, and Hagley Community College, all boasting high decile ratings.
Updated on April 05, 2024.