18 Corhampton Street, Aranui, Christchurch

Nestled in the tranquility of a quiet cul-de-sac at 18 Corhampton Street, Aranui, Christchurch, this 2015-built residential dwelling boasts a freehold title. The modern family home features 3 bedrooms, 1 bathroom, and 2 carparks, with a floor area of 86 square meters and a spacious land area of 756 square meters. The property is adorned with wood exterior walls and tile roofing, both in good condition. Inside, the open plan living area, complete with a heat pump, leads to a sun deck, while the modern kitchen is equipped with a dishwasher, new stove, and range hood. The property has seen a Capital Value (CV) increase of 62.30% from $305,000 in 2019 to $495,000 in 2022, reflecting its growing value.

As for the financials, the latest sale was recorded at $518,000 in 2024, following a previous sale at $315,000 in 2016. The HouGarden AVM estimates the property's value at $485,000. These numbers indicate a promising investment opportunity with a steady capital growth trajectory.

For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School (Years 11-13) and Marian College (Year 9-15) both have a decile rating of 9 and 8 respectively, while Hillview Christian School, Haeata Community College, Christchurch Adventist School, and Hagley Community College offer diverse educational options, reflecting the area's commitment to quality education.

Updated on August 07, 2024