13/131 Merivale Lane, Merivale, Christchurch

Nestled in the esteemed Merivale, this 2-bedroom, 1-bathroom residence with a single carpark on a freehold title is a gem in the real estate market. Constructed in 2021, the property boasts a level contour, roughcast walls in good condition, and an iron roof同样in excellent shape. The 82sqm floor area is complemented by a 102sqm land area, offering a spacious and private living environment with a courtyard, garden/storage shed, and an EV charger.

With a capital value of $760,000 as of August 2022, the property has seen a CV increase of 22.58% since August 2019. The HouGarden AVM estimates the property at $755,000, while the latest sale in February 2020 was at $640,000. These figures are a testament to the investment potential and the blue-chip location of this property.

For families with school-aged children, the property falls within the zones of highly regarded schools such as Burnside High School (Decile 8), St Patrick's School (Decile 10), Heaton Normal Intermediate (Decile 9), and Christchurch Boys' and Girls' High Schools (Deciles 10 and 9 respectively). This is an ideal setup for academic excellence and a promising future.

Updated on November 25, 2024