4/180 Brougham Street, Sydenham, Christchurch

Nestled in the coveted school zones of Cashmere High School and Christchurch South Intermediate, this 2-bedroom, 1-bathroom home with a single carpark presents an attractive opportunity. Constructed in 1988 with iron roofing and concrete walls in good condition, the property sits on a level contour. The spacious 120sqm floor area boasts an open-plan living area, a sun-drenched courtyard, and two large bedrooms upstairs with ample storage. The property's capital value has seen a remarkable increase of 35.82% from $335,000 in 2019 to $455,000 in 2022. The HouGarden AVM estimates the property's value at $437,500. Enjoy the convenience of living close to Colombo Mall and the comfort of two heat pumps and part double glazing. This cross-lease property offers exceptional value with no body corporate fees and is perfect for couples, professionals, or investors.

With a CV of $455,000, this property has appreciated significantly, reflecting a strong investment potential. The recent HouGarden AVM provides a current market estimate, while the absence of body corporate fees adds to the appeal. The property's history includes a notable capital value growth, making it an attractive prospect for buyers seeking both a comfortable home and a sound investment.

Education is a key highlight, with the property being in the zones for top-rated schools such as Cashmere High School, Middleton Grange School, and Christchurch South Karamata Intermediate. These schools offer a composite and intermediate education with high decile ratings, ensuring quality education for your family.

Updated on April 18, 2024