Nestled on the slopes of Mount Pleasant, Christchurch, this 3-bedroom, 2-bathroom, and 2-car park residence is a testament to classic craftsmanship. Constructed in 1920 with wood walls and tiled roofing, this freehold property sits on a generous 1366sqm of land with an easy/moderate contour. The capital value has seen a remarkable increase of 48.75% from $800,000 in 2019 to $1,190,000 as of 2022. The home's recent updates include modernized kitchen and bathrooms, while maintaining its original charm. The property's highlights are its stunning north-facing views and a private deck off the master suite.
Government valuations show an impressive growth trajectory, with the HouGarden AVM estimating the property at $1,140,000. The latest sale history includes transactions in 2016 for $810,000 and in 2008 for $687,500. This indicates a strong investment potential in a sought-after location.
For families, the property falls within the decile 10 Mt Pleasant School zone, along with several other well-rated institutions such as Middleton Grange School (decile 9) and Hillview Christian School (decile 7). This addresses both educational excellence and convenience.
Updated on October 24, 2024