76 Frankleigh Street, Somerfield, Christchurch

Nestled in the tranquil cul-de-sac of Frankleigh Street, this charming residential dwelling on a freehold title boasts 3 bedrooms, a single carpark, and a floor area of 115sqm. Constructed in 1960 with concrete walls and an iron roof, both in good condition, this property sits on a levelled 511sqm section. The capital value has seen a remarkable increase of 51.11% from $450,000 in 2019 to the current $680,000 in 2022. The property's HouGarden AVM stands at $622,500, while the latest sale was recorded in 2006 for $300,000.

For families with school-aged children, the property falls within the highly esteemed Cashmere High School zone, along with other well-rated schools such as Villa Maria College and Middleton Grange School. The educational institutions in the area offer a diverse range of options, catering to different age groups and academic needs.

With its prime location, solid construction, and potential for further value appreciation, this property presents a golden opportunity for both first-time buyers and investors. The north-facing living areas, private patio, and low-maintenance garden add to the appeal, making it an ideal choice for those seeking comfort and convenience.

Updated on December 09, 2024