44 Cranford Street, Saint Albans, Christchurch

Nestled in the coveted St Albans, at 44 Cranford Street, this freehold property on a level contour boasts a 1915-built home with 3 bedrooms, 1 bathroom, and 2 car parks. The 100sqm floor area is complemented by a 752sqm land area, with average-condition wood walls and iron roof. The capital value has seen a staggering increase of 78.57% from $420,000 in 2019 to $750,000 in 2022, while the HouGarden AVM estimates it at $695,000. This property is not just a home but a sound investment in a rapidly appreciating area.

With a promising history of growth and development, this RSDT-zoned section offers an exciting opportunity to develop or renovate. It's not just the property that's impressive; the schools in the zone are top-notch, including Christchurch Boys' and Girls' High Schools, both decile 10 and 9 respectively, and others with high ratings. This is an area where education is a priority, making it an ideal investment for families.

Located in a quiet cul-de-sac, it's close to amenities, cafes, and the vibrant city center. After 34 years, the owner is ready to let go, presenting you with a chance to secure a piece of prime real estate in an area that's only getting better. Don't miss out on this superb development opportunity on the city fringe.

Updated on July 10, 2024