Nestled at 7 Santa Maria Avenue, Mount Pleasant, Christchurch, this residential dwelling on a freehold title boasts 3 bedrooms, 2 carparks, and a floor area of 154 square meters on a sprawling 845 square meter section. Constructed in 1971 with concrete walls and tiled roof, both in good condition, this property is a testament to the era with its preserved authenticity. The capital value has seen a significant increase from $550,000 in 2019 to $870,000 in 2022, reflecting a growth of 58.18%. The property, set in a quiet cul-de-sac, is complemented by a HouGarden AVM of $835,000 and a recent auction teaser.
Government valuations aside, the property has a rich sales history and is valued for its potential. The current valuation is a testament to the property's allure, which includes a retro galley kitchen, original fittings, and a charming split-level layout that promotes seamless entertaining. The CV growth percentage is a promising indicator of the area's desirability and investment potential.
For families, the property falls within the catchment of highly regarded schools, including Mt Pleasant School (decile 10), Middleton Grange School (decile 9), and Hillview Christian School (decile 7), among others. This addresses not only educational needs but also the importance of a community with a high standard of living.
Updated on October 18, 2024