This inviting three-bedroom gem, nestled in desirable Mairehau, Christchurch, offers a unique blend of comfort and convenience. Boasting a floor area of 110 square meters on a level cross-lease section, the property features one bathroom and a double garage. Constructed in 1950 with wood walls and tile roofing, both in average condition, this residence is a testament to classic design and enduring quality. The property is categorized as Residential - Dwelling, perfectly positioned for first-time homeowners minutes from Christchurch CBD and the Palms Mall.
Since 2010, the capital value of this property has seen a remarkable increase, from $265,000 to a current HouGarden AVM of $562,500, marking a 49.37% growth in value. The latest sale on December 24, 2023, was at $525,000, reflecting the property's consistent appeal in the market. This growth trajectory underscores the property's potential as a smart investment in a thriving neighborhood.
Education is a priority, with the property zoned for several high-decile schools, including Middleton Grange School (decile 9), Emmanuel Christian School (decile 8), and Marian College (decile 8), among others. This ensures access to quality education, making it an ideal location for families. Whether starting a family or seeking a cozy retreat, this home offers a blend of tranquility and city convenience, making it a dream come true for many.
Updated on April 05, 2024.