34 Norrie Street, Redwood, Christchurch

Nestled in the serene cul-de-sac of Norrie Street, Redwood, Christchurch, this freehold property boasts a charming residential - dwelling category. Constructed in 1962 with concrete walls and an iron roof, both in good condition, the house stands on a levelled contour with a floor area of 125 sqm and a land area of 645 sqm. It features 4 double bedrooms, a family bathroom, and a single car park. The capital value has seen a rapid increase of 44.83% from $435,000 in 2019 to $630,000 in 2022, reflecting a sound investment opportunity. The HouGarden AVM estimates the property at $587,500, making it an attractive prospect for potential buyers.

With a CV growth percentage that speaks volumes about its market potential, this property also has a notable sales history. It's a Healthy Homes certified property that has enjoyed the same family ownership since its construction. The spacious layout includes a separate lounge, kitchen, dining, and a versatile study that could serve as a fourth bedroom. The functionality is further enhanced by separate toilet and laundry facilities. Outside, a private backyard and a standalone garage complete the picture of an ideal family home.

For families with school-aged children, the property falls within the Papanui High School zone and is in close proximity to esteemed institutions such as Christ the King School, Villa Maria College, and Marian College. The school deciles range from 5 to 9, offering a variety of educational options for children of different ages.

Updated on July 16, 2024