Nestled in the serene Saint Martins, Christchurch, at 78 Saint Martins Road, this residential ownership home unit boasts a charming presence. The 2-bedroom, 1-bathroom, and single carpark property, built in 1970, features concrete walls and tiled roofing, both in good condition. With a floor area of 90 square meters and level contour, it offers a sun-soaked, street-facing appeal. The modern kitchen and bathroom remodel, along with a separate laundry and automatic door garage, add to the convenience and comfort of this Cross-Lease property.
Boasting a Capital Value (CV) of $455,000 as of August 2022, the property has shown a significant increase of 32.19% from its $345,000 CV in August 2019. The HouGarden AVM mirrors this valuation, while the latest sale history shows a property sold for $375,000 in May 2020, and an earlier sale at $80,000 in March 1999. This is not just a property, but a promising investment with a proven track record of value appreciation.
For families with school-going children, the property falls within the decile 9 St Martins School zone, along with other well-rated institutions such as Villa Maria College, Middleton Grange School, and Cashmere High School. This ensures access to quality education at all levels, from primary to secondary. The location, coupled with the property's condition and investment potential, makes it an opportunity not to be missed.
Updated on October 02, 2024