8 Cherry Tree Place, Southbridge, Selwyn

Nestled in the serene Southbridge, at 8 Cherry Tree Place, lies this exquisite freehold property, built with robust fibrous cement walls and iron roofing, both in excellent condition. This 3-bedroom, 1-bathroom, and single carpark home spans across a levelled 99 square meters of floor area, on a generous 888 square meter plot. The modern residence, constructed in 2024, presents an ideal canvas for family living, with its open-plan living spaces and a practical kitchen setup, designed for comfort and convenience.

With a current Capital Value (CV) of $510,000, the property has shown a remarkable increase from its latest sale price of $180,000 in May 2022. The HouGarden AVM estimates the property's worth at $505,000, reflecting a substantial growth percentage. This is a sound investment, given the property's appreciating value and potential for future growth.

For families with school-aged children, this property falls within the catchment area of several high-performing schools. The nearby Villa Maria College boasts a decile rating of 9, while Southbridge School, Ellesmere College, St Thomas of Canterbury College, Middleton Grange School, Aidanfield Christian School, and Christchurch Adventist School all offer quality education with their respective decile ratings. This home is not just a haven; it's an investment in your family's future.

Updated on November 26, 2024