2/38 Meon Street, Aranui, Christchurch

This delightful residence at 2/38 Meon Street, Aranui, Christchurch, is a 3-bedroom, 1-bathroom unit with a single carpark, set on a level contour with concrete walls and tiled roof, both in good condition. This cross-lease property, built in 1977, has been recently renovated, making it an ideal choice for both first-time buyers and those looking to downsize. The property boasts a floor area of 90 square meters and is complemented by a heat pump and partially double-glazed windows. The section is fully fenced, with a landscaped garden and fruit trees, offering privacy and tranquility.

As for the financials, the capital value has seen a significant increase from $260,000 in August 2019 to $390,000 in August 2022, indicating a 50% growth. The HouGarden AVM estimates the property value at $382,500. Notably, the property last sold for $196,000 in 2006 and $83,000 in 2001, showcasing its appreciation over time.

For families with children, the property falls within the catchment area of several schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Haeata Community College (Decile 1), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Marian College (Decile 8), ensuring access to quality education.

Updated on August 21, 2024