1 Foresthill Place, Bromley, Christchurch

Nestled in the serene locale of 1 Foresthill Place, Bromley, Christchurch, this residential dwelling boasts a freehold ownership type, ensuring a secure investment for potential homeowners. The property, constructed in 2016, features 2 bedrooms and spans a generous floor area of 106 square meters, sitting on a substantial land area of 690 square meters. Its exterior is adorned with roughcast walls in good condition and a durable iron roof, also in good condition, complementing the level property contour. Despite lacking carpark facilities, the residence promises a comfortable living experience.

Over the years, the property has seen a remarkable capital value increase of 56%, soaring from $375,000 in August 2019 to $585,000 in August 2022, reflecting its growing appeal and investment potential. The latest sale recorded on October 2, 2023, was at $370,000, slightly below the HouGarden AVM of $572,500, indicating a potential market adjustment or unique sale circumstances.

The property is strategically located within the catchment area of several reputable schools, catering to a wide range of educational needs. These include Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School with decile ratings of 7 and 5 respectively, among others. The diverse selection of schools, from contributing to composite and secondary, ensures that families have access to quality education across different levels, making this property an ideal choice for those prioritizing academic excellence for their children.