49 Park Terrace, Corsair Bay, Christchurch

Nestled at 49 Park Terrace, Corsair Bay, Christchurch, this charming residential dwelling boasts 3 bedrooms, a modern bathroom, and a single carpark. Constructed in 1950 with a mix of materials for the walls and iron for the roof, this freehold property sits on a steep rise with a floor area of 104sqm and a land area of 690sqm. The capital value has seen a rapid increase from $360,000 in 2019 to $520,000 in 2022, showcasing a growth of 44.44%. The property's exterior has been replastered post-quake, with added wall insulation, rewiring, re-roofing, and partial double glazing.

With a HouGarden AVM of $525,000 and a latest sale history of $305,000 in 2016, this property presents a lucrative opportunity. The kitchen with a breakfast bar, the open plan living area with stunning bay views, and the potential to divide the upstairs space into two bedrooms are highlights of this home. It's equipped with gas hot water, a separate laundry, and two heat pumps for comfort in all seasons.

Zoned for top-rated schools, including Lyttelton Primary School and Cashmere High School, this property is not just a peaceful retreat but also an investment in education. The schools in the area have high decile ratings, ensuring a quality education for your family. Corsair Bay properties are scarce in the market, and this one is priced to sell. Don't miss the chance to make this serene sanctuary your own.

Updated on October 02, 2024