1/6 Bute Street, Woolston, Christchurch

Nestled in the serene Woolston neighborhood, 1/6 Bute Street presents a charming two-bedroom, one-bathroom unit on a cross-lease title. Constructed in 1972 with robust concrete walls and an iron roof in good condition, this property sits on a level contour, exuding warmth and comfort throughout the year, thanks to the installed heat pump and double glazing. The unit boasts a spacious kitchen-dining area, leading to a beautifully landscaped backyard, while the large lounge offers a pleasant street view and access to a cozy courtyard. With a single garage and additional off-street parking, this home has seen a significant Capital Value increase of 58.7% from $315,000 in 2019 to the current $500,000 as per the latest government valuation. The HouGarden AVM estimates the property at $480,000, while the latest sale history shows a promising trend with sales in 2000 and 1993 at $82,500 and $84,500 respectively.

For families with children, the property falls within the catchment area of several reputable schools, including Middleton Grange School (Decile 9), Linwood Avenue School (Decile 2), Te Waka Unua School (Decile 2), and more. This provides a range of educational options for different age groups and learning styles.

With potential for further enhancement, this property on the quiet cul-de-sac of Bute Street is a golden opportunity that shouldn't be missed.

Updated on October 24, 2024