3 Redruth Avenue, Spreydon, Christchurch

Nestled at 3 Redruth Avenue in the serene Spreydon, Christchurch, this 1920's era 4-bedroom freehold residence offers a blend of classic charm and modern living. Constructed with wood walls and an iron roof, this property sits on a levelled 641sqm land with a 192sqm floor area and a single carpark. The capital value has seen a dramatic increase of 50.88% from $570,000 in 2019 to $860,000 as of 2022, showcasing a promising investment opportunity. The property's latest sale history includes transactions in 2019 and 2016, both at $580,000, while the current HouGarden AVM estimates it at $867,500.

With a CV growth rate that outpaces the market average, this home is not just a dwelling but a smart investment. It's located in a prime school zone, including Cashmere High School and Christchurch South Karamata Intermediate, both with high decile ratings. Other nearby schools like Villa Maria College and Middleton Grange School also contribute to the area's esteemed educational reputation.

Boasting a mix of traditional architecture and modern amenities, this two-storey home features a spacious backyard, a deck perfect for family BBQs, a spa for relaxation, an above-ground pool, and a playground for children. The open-plan kitchen, dining, and living areas provide an ideal setting for family life. This property is not just a home; it's an opportunity to grow and thrive in a desirable location.

Updated on September 30, 2024