Embrace the opportunity to own a slice of potential on Doreen Street, a quiet cul-de-sac in Aranui, Christchurch. This freehold property, built in 1950 with roughcast walls and tiled roof, offers 4 bedrooms, 1 bathroom, and a single car park, spread across a floor area of 107sqm on a generous 713sqm section. The property's Capital Value (CV) has seen a significant increase of 49.09% from $275,000 in 2019 to $410,000 in 2022. HouGarden AVM estimates the property's value at $397,500, while the latest sales were recorded at $326,615 on 15th June 2024 and $415,000 on 13th April 2022. Perfect for investors or first-home buyers, this property is a canvas waiting for your personal touch.
Government valuations and market trends aside, this property is located within a desirable school zone. Middleton Grange School, a composite school with a decile rating of 9, Hillview Christian School with a decile of 7, and other reputable institutions are within easy reach. The residence itself is livable with good bones and some renovations, offering a warm and inviting interior with an open plan kitchen and dining area, separate lounge, and ample natural light.
With a prime location, promising CV growth, and access to top-notch education, this property is not just a home but a sound investment in your future. It's time to unlock the potential of 47 Doreen Street and make it your own.
Updated on August 01, 2024