4 Law Lane, Mount Pleasant, Christchurch

Nestled in the serene locale of 4 Law Lane, Mount Pleasant, Christchurch, this executive family residence boasts 4 bedrooms, 3 car parks, and a generous floor area of 292sqm on a freehold land of 688sqm. Constructed in 2003 with roughcast walls and iron roofing, both in good condition, the property enjoys an easy/moderate rise contour, offering breathtaking ocean and estuary views. The government valuation (CV) has seen a remarkable increase of 42.4% from $1,250,000 in 2019 to $1,780,000 in 2022, reflecting the property's escalating worth. The latest sale history includes a transaction of $1,325,000 in 2024, testament to the residence's allure. HouGarden AVM estimates the property's value at $1,478,500, making it a sharply priced opportunity. Educationally, the property falls within the decile 9 Middleton Grange School zone and is in close proximity to other well-rated schools, ensuring a quality education for the family.

With an expansive open plan kitchen/living/dining area, a wrap-around balcony, and a well-appointed designer kitchen, the residence is perfect for entertainment and daily living. The main suite is a haven with a tiled en-suite, walk-in robe, and panoramic vistas. The property's versatility is further enhanced by a separate formal lounge, office, and potential self-contained adaptation on the lower level. Ample garaging with space for a boat or caravan adds to the appeal. This prime property, asking well below GV, is an ideal choice for those seeking a coastal lifestyle near Ferrymead and Sumner, and a short drive from the CBD.

For families with school-aged children, the property is within the catchment area of top-rated schools such as Mt Pleasant School, Te Raekura Redcliffs School, Marian College, and more. This combination of luxury living, valuable location, and educational excellence makes this property an unparalleled investment opportunity in the real estate market.

Updated on June 12, 2024