Nestled in the serene cul-de-sac of 21 Cadogan Street, Sydenham, Christchurch, this freehold property boasts 4 bedrooms, a single carpark, and a floor area of 192 square meters on a levelled land of 235 square meters. Constructed in 2005 with mixed materials for the walls and iron for the roof, both in good condition, this residential unit exudes modernity and comfort. The property has seen a significant Capital Value (CV) increase of 45.26% from $475,000 in 2019 to $690,000 as of 2022, showcasing a promising investment potential. The latest sale records in 2024 and 2021 were $715,000 and $610,000 respectively, with the HouGarden AVM estimating the property's worth at $632,500.
Educationally, the property falls within the decile 9 Middleton Grange School zone for years 11-13, along with other well-rated institutions such as Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), Te Aratai College (decile 3 for year 7&8), and Waltham School (decile 3), ensuring a sound educational environment for the family.
With its strategic location, affordability, and strong interest from potential buyers, this property presents a golden opportunity not to be missed.
Updated on December 18, 2024