29 Deloraine Street, Somerfield, Christchurch

Located at 29 Deloraine Street, Somerfield, Christchurch, this unique property offers more than one dwelling on a freehold title. The main house, built in 1960 with brick walls and an iron roof, is in good condition. It features a spacious floor area of 135 sqm and sits on a generous land area of 956 sqm. The property includes a double garage, a carport, and additional parking for three cars. The contour of the property is level, making it accessible and user-friendly.

The property has seen a significant increase in capital value, from $590,000 in August 2019 to $890,000 in August 2022, marking a 50.85% increase. The latest HouGarden AVM estimates the property's value at $852,500. It has a history of sales, with the most recent being $420,000 in January 2024, and previously $385,000 in October 2018. This property, described as 'As Is Where Is', includes two insured dwellings, offering a unique investment opportunity with potential for rental income and capital growth.

The property is in an excellent school zone, including Villa Maria College, St Thomas of Canterbury College, Middleton Grange School (Years 11 - 13), Christchurch South Karamata Intermediate, Somerfield Te Kura Wairepo, Cashmere High School, Hillview Christian School, Christchurch Adventist School, and Hagley Community College. These schools range from decile 5 to 9, indicating a high level of educational opportunity in the area.

Updated on April 06, 2024.