2/2 Wakelin Place, Redwood, Christchurch

Nestled in the tranquil cul-de-sac of Wakelin Place, Redwood, Christchurch, this 120sqm residential unit boasts 3 bedrooms and a carpark. Constructed in 1987 with stone walls and an iron roof, both in good condition, it sits on a level contour. The property, with a current Capital Value (CV) of $570,000, has seen a remarkable increase of 52% from its 2019 CV of $375,000. The home units are under a Cross-Lease ownership type.

With a HouGarden AVM of $552,500 and a latest sale history of $381,500 in 2013, this property presents a sound investment. The CV growth rate is a testament to its increasing desirability.

For families, the property falls within the catchment area of several high-performing schools, including Christ the King School (Decile 8), Villa Maria College (Decile 9), and Middleton Grange School (Decile 9), among others, making it an ideal choice for those seeking quality education.

Updated on July 31, 2024