5/49 Charles Street, Waltham, Christchurch

Nestled in the charming Waltham neighborhood of Christchurch, this 4-bedroom, 1-bathroom residence on 5/49 Charles Street offers an attractive package on a Freehold title. Constructed in 2007 with solid brick walls and tiled roofing, the property presents an average condition both inside and out, with a level contour and a floor area of 151 square meters on a land area of 298 square meters. The home benefits from an open-plan living space, double glazing, a heat pump, and a fully landscaped garden, complete with a single car park and internal access garage for convenience.

Boasting a significant Capital Value increase of 44% from $375,000 in 2019 to the current $540,000, the property is estimated at $535,000 by HouGarden AVM. The latest sale history points to a transaction in 2019 for $385,000, indicating a strong growth potential for investors. The value proposition is further enhanced by the property's proximity to the city center, shops, and dining establishments.

For families with children, the property falls within the catchment area of several well-regarded schools, including Middleton Grange School (Decile 9), Te Waka Unua School (Decile 2), Hillview Christian School (Decile 7), and more. This combination of location, value, and growth potential makes this property an enticing opportunity for both homeowners and investors.

Updated on November 07, 2024