Nestled in the esteemed Fendalton suburb at 6/77 Totara Street, Christchurch, this residential ownership home unit boasts a charming layout with 3 bedrooms and 1 carpark. Constructed in 1940 with concrete walls and tiled roof, the property maintains an average condition both inside and out, set on a level contour. As a cross-lease property, it offers a unique sense of community within the Stratford Courts complex, sharing a spacious common lawn area.
Boasting a capital value of $610,000 as of August 2022, the property has seen a remarkable increase of 28.42% since August 2019. The HouGarden AVM estimates the value at $612,500, with the latest sale recorded at $582,500 in May 2021. The property's allure is further enhanced by its proximity to the University of Canterbury and the scenic views of Riccarton Bush, making it an ideal investment opportunity.
With a highly sought-after school zone, the property falls within the catchment area of esteemed institutions such as Christchurch Girls' High School and Christchurch Boys' High School, both decile 10. Other nearby schools include Ilam School (decile 6), St Patrick's School (Bryndwr) (decile 10), and Villa Maria College (decile 9), ensuring a range of quality educational options.
Updated on September 16, 2024