25a Cressy Terrace, Lyttelton, Christchurch

Nestled at 25a Cressy Terrace, Lyttelton, Christchurch, this charming 1960's family home on a Freehold title boasts 3 bedrooms and a floor area of 117sqm, set on a sprawling 505sqm section with a Steep Fall contour. The concrete walls and Iron roof are in Good condition, befitting the property's solid construction. Notably, the Capital Value (CV) has seen a substantial increase of 45.1% from $510,000 in 2019 to $740,000 as of 2022, reflecting its growing desirability. The latest HouGarden AVM estimates the property's worth at $745,000, while the last sale was recorded at $404,000 in 2011.

With a history of two sales, the property's value has shown consistent growth. The recent CV increase is a testament to the investment potential of this dwelling. A heat pump ensures year-round comfort, and the double glazing complements the energy-efficient design. The garden, complete with mature trees and shrubs, provides privacy and a serene setting for family activities, with ample space for children, pets, and a vegetable garden.

For families with school-aged children, the property falls within the catchment area of several well-regarded schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Lyttelton Primary School (Decile 9), and more. This combination of location, comfort, and investment potential makes it an ideal family home.

Updated on September 27, 2024