2/296b Wairakei Road, Bryndwr, Christchurch

Nestled in a serene cul-de-sac on 2296/296b Wairakei Road, Bryndwr, Christchurch, this residential ownership home unit boasts a charming presence. Constructed in 1975 with concrete walls and tiled roof, both in good condition, the property offers 2 bedrooms, a spacious open-plan kitchen/dining area, a comfortable lounge heated by a reliable heat pump, and a separate laundry. The cross-lease section provides ample space and privacy, complemented by a single internal access garage and additional off-street parking. Notably, the property has seen a Capital Value (CV) increase of 35.62% from $365,000 in 2019 to $495,000 as of 2022, showcasing a sound investment opportunity. The latest sale history includes a transaction of $540,000 in 2024, further validating the property's growth potential. HouGarden's AVM estimates the property at $450,000, making it an attractive prospect for investors. Educationally, the property falls within the zones of esteemed schools such as Burnside High School with a decile rating of 8 and Wairakei School with a rating of 6, among others, ensuring a quality education for the family.

Updated on December 04, 2024