44 Basingstoke Street, Aranui, Christchurch

Located at 44 Basingstoke Street, Aranui, Christchurch, this 1950s residential dwelling offers a unique opportunity for those looking to enter the property market or add value to their investment. The property features 3 bedrooms, a floor area of 109 square meters, and sits on a generous 607 square meter freehold land. Constructed with concrete walls and a tile roof, the building's condition is described as average, indicating a solid foundation with potential for renovation. The property also includes a single garage, secure off-street parking, a garden shed, and a separate hobby shed, all contributing to its appeal.

The property has seen a significant increase in capital value, from $290,000 in August 2019 to $470,000 in August 2022, marking a 62.07% growth. The latest sale in December 2023 was recorded at $465,000, slightly below the HouGarden AVM of $450,000. This trend underscores the property's potential as a valuable investment in an area poised for growth.

Education is a key feature of this property, with access to a range of schools including Middleton Grange School (decile 9), Hillview Christian School (decile 7), Haeata Community College (decile 1), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), and Marian College (decile 8). This diverse selection offers excellent educational opportunities for families with children of various ages.

Updated on April 06, 2024.