2/197 Milton Street, Sydenham, Christchurch

Located at 2/197 Milton Street, Sydenham, Christchurch, this Freehold property is a residential dwelling that boasts a floor area of 155 square meters on a 315 square meter land parcel. Constructed in 2001 with roughcast walls and tile roofing, both in good condition, this home features three bedrooms, an unspecified number of bathrooms, and a double internal access garage. The property is level and is described as a rare find in sought-after school zones, offering convenience with many amenities within walking or cycling distance.

From a financial perspective, the capital value (CV) of this property has seen a significant increase from $450,000 in August 2019 to $680,000 in August 2022, marking a 51.11% growth. The HouGarden AVM estimates its value at $665,000. Historical sales data reveals transactions at $260,000 in May 2004 and $350,000 in November 2007. This property's appeal is further enhanced by its capital value growth and its strategic location.

The property is zoned for several high-decile schools, including Middleton Grange School (decile 9), Christchurch South Karamata Intermediate (decile 8), and Cashmere High School (decile 9), among others. This makes it an ideal choice for families prioritizing education. Additional nearby schools include Addington School (decile 3), Somerfield Te Kura Wairepo (decile 8), and several others, catering to a wide range of educational needs.

Updated on March 22, 2024.