22 Gunns Crescent, Cashmere, Christchurch

Nestled at 22 Gunns Crescent, Cashmere, Christchurch, this delightful 2-bedroom, 1-bathroom townhouse on a Freehold title has undergone refurbishment, exuding a fresh and inviting ambiance. Constructed in 1960 with concrete walls and an Iron roof, both in good condition, the property sits on a level contour with a floor area of 90sqm and a land area of 358sqm. The capital value has seen a significant increase, rising from $380,000 in 2019 to $570,000 in 2022, indicating a 50% CV increase over three years. The property also features a carpark and a smart deck that overlooks the serene Hollis Reserve.

With a current HouGarden AVM of $542,500 and a latest sale price of $640,000 in 2024, this property offers excellent value. The previous sale in 2018 was at $380,000, showcasing the property's consistent growth in value. Its location in a quiet cul-de-sac street provides a peaceful retreat while being conveniently close to amenities and recreational activities in the Port Hills.

For families, the property falls within the zones of highly regarded schools such as Thorrington School (Decile 10), Cashmere High School (Decile 9), and others, ensuring quality education options. This charming property presents an opportunity to merge comfort with convenience in the esteemed Cashmere neighborhood.

Updated on April 17, 2024