Nestled on a serene section at 27 Aorangi Road, Bryndwr, Christchurch, this charming freehold property boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1947 with wood walls and tiled roofing, it offers a level contour and an average condition for both walls and roof. Spanning a floor area of 100sqm and a land area of 701sqm, this residence is graced with a modern kitchen, neutral carpeting, timber flooring, a heat pump, and gas hot water heating. The property has seen a Capital Value (CV) increase of 50.5%, from $465,000 in 2019 to $700,000 as of 2022. The HouGarden AVM estimates it at $705,000, with the latest sale recorded at $680,000 in 2024. Educationally, the property falls within the zones of esteemed institutions such as Waimairi School, Heaton and Cobham Intermediate, and Burnside High School, all boasting high decile ratings.
With a CV growth rate that outpaces the market and a prime location in a sought-after school zone, this property presents an attractive opportunity for investors and families alike. The recent sale history and AVM reflect a strong interest in the property, making it a wise investment with potential for further value appreciation.
For families with school-aged children, the property's proximity to high-performing schools such as St Patrick's School (Bryndwr) and Villa Maria College adds significant value. The educational options are diverse, catering to a range of school types and deciles, ensuring a quality education for children of all ages.
Updated on September 04, 2024