2/32 Winchester Street, Merivale, Christchurch

Nestled at 2/32 Winchester Street in the esteemed Merivale, Christchurch, this residential ownership home unit boasts a versatile layout with 3 bedrooms and 2 car parks. Constructed in 1997, the property features a roughcast exterior, an iron roof, and a level contour. It sits on a cross-lease title and offers a floor area of 160 square meters. The 'As is where is' status of this property invites investors and builders to unlock its full potential.

With a current Capital Value (CV) of $790,000, this property has shown a remarkable growth of 38.6% since 2019. The HouGarden AVM estimates it at $735,000, while the latest sale history points to a $465,000 transaction in 2024 and $410,000 in 2004. This prime real estate is not only a promising investment but also a chance to customize your ideal home in a sought-after location.

One of the key highlights is the advantageous school zones, including Elmwood Normal School, Heaton Normal Intermediate, Christchurch Girls' and Boys' High Schools, and Burnside High School, all of which are decile 8 or above. Additionally, it's in close proximity to several prestigious private schools, making it an ideal choice for families.

Updated on May 29, 2024