Nestled in a prime mid-slopes position above the charming town of Lyttelton, this 2-bedroom, 1-bathroom residential dwelling at 3 Cornwall Road boasts a rich history, dating back to 1915. The exterior features a mix of materials and a tile roof, both in good condition, while the interior presents a bright and open living space with solid bamboo flooring, a log burner, and a heat pump for comfort. The property sits on a level contour with a delightful outlook, preserved over a century, and enjoys privacy in its compact garden and decking areas. It is offered on a Cross-Lease ownership with a government valuation (CV) of $640,000 as of August 2022, showing a 73% increase since August 2019. The latest sales history includes a transaction at $650,000 in March 2024 and August 2022. The HouGarden AVM estimates the property value at $612,500. Educationally, the property falls within the decile 9 Lyttelton Primary School and Middleton Grange School for Years 11-13, among others.
With a CV increase that outpaces the market average, this property is not just a home but a sound investment. The recent sales and AVM reflect a strong interest in this desirable property, which is being offered for definite sale. Its original charm, coupled with modern amenities and a sought-after school zone, make it an attractive proposition for any buyer looking for both beauty and value.
For families with educational considerations, the property is within a highly rated school network. The nearby Middleton Grange School and Lyttelton Primary School are both decile 9, while Hillview Christian School and Marian College offer additional choices, ensuring access to quality education for all ages.
Updated on April 10, 2024