272 Knowles Street, Mairehau, Christchurch

Nestled on a serene, tree-lined street at 272 Knowles Street, Mairehau, Christchurch, this freehold property is a charming residential dwelling from the 1950s. The 3-bedroom, 1-bathroom home with a floor area of 98 square meters and a land area of 533 square meters boasts wooden walls and a tiled roof, both in average condition. It has seen a significant transformation in 2020, with a complete re-line and insulation for winter comfort, complemented by sophisticated finishes and a minimalist design. The capital value has skyrocketed by 114.29% from $350,000 in 2019 to the current $740,000, with the HouGarden AVM estimating it at $675,000. The latest sale was recorded at $760,000 in 2024, following a previous one at $680,000 in 2021.

With a CV increase that speaks volumes about its investment potential, this property is located in a sought-after school zone. It's within the decile 9 Middleton Grange School for years 11-13, and also in close proximity to Emmanuel Christian School (decile 8), Christchurch Adventist School (decile 5), Mairehau High School (decile 4), Mairehau School (decile 6), Hagley Community College (decile 6), and Marian College (decile 8), making it an ideal choice for families with educational priorities.

Boasting a well-appointed kitchen with an engineered stone benchtop and high-spec appliances, along with a modern bathroom with quality finishes, this home is ready to welcome a family seeking comfort and convenience. The added carport and garden shed enhance the property's practicality, while the meticulously landscaped section and Kwila deck provide a serene retreat.

Updated on December 18, 2024