6/140 Southampton Street, Sydenham, Christchurch

Nestled in the heart of Sydenham, Christchurch, this 3-bedroom, 1-bathroom home with a single carpark presents an attractive opportunity. Constructed in 1978 with concrete walls and tiled roofing, the property is in good condition both inside and out. It sits on a level contour with a well-maintained yard, enjoying the privacy of a quiet cul-de-sac. The current owners have rented it out for $510 per week, but with a recent Auckland purchase, they've decided to sell. The property has seen a significant Capital Value increase of 51.6% from $310,000 in 2019 to $470,000 as of 2022. The HouGarden AVM estimates it at $450,000, while the latest sales were at $315,000 in 2017 and $190,000 in 2008. This home is not just about numbers; it's about the lifestyle it offers, with a sun-soaked conservatory, ample storage, and a heat pump for comfort.

When it comes to education, the property falls within a desirable school zone, including top-rated secondary schools like Villa Maria College and Cashmere High School, both with a decile rating of 9. Other schools in the area contribute to a strong educational community. The location is a prime draw, with easy access to Sydenham's amenities, river walks, and public transport.

For those seeking an entry-level home or a sound investment in Sydenham, this property is a rare find. Its robust construction and appealing features are set to attract keen interest. Potential buyers are encouraged to act swiftly.

Updated on April 15, 2024