Nestled in the serene Lancewood Drive, Halswell, Christchurch, this residential gem with a Cross-Lease title presents an ideal opportunity for first home buyers, downsizers, and investors. The 1988-built home boasts 3 bedrooms, 2 carparks, and a floor area of 150 square meters. Its Iron roof and Brick exterior walls are in good condition, reflecting the property's well-maintained status. The capital value has seen a significant increase from $400,000 in 2019 to $550,000 in 2022, showcasing a growth rate of 37.5%.
With a HouGarden AVM of $535,000 and a latest sale history of $415,000 in 2017, this property holds great financial potential. The previous sale in 2008 was at $311,500, indicating a consistent capital appreciation over the years.
For families with children, the property falls within the zone of several high-performing schools, including Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and Aidanfield Christian School (Decile 8), among others. This ensures access to quality education for all ages.
Updated on July 26, 2024