3 Patrick Street, Mairehau, Christchurch

Located at the end of a quiet cul-de-sac, 3 Patrick Street, Mairehau, Christchurch, presents a cherished home first introduced to the market since its construction in the 1950s. This property, nestled on a level 622m2 section, boasts three bedrooms, a spacious separate lounge, an open-plan kitchen, dining, and family area, along with a separate toilet and shower. The exterior features brick walls under a tiled roof, both in average condition, reflecting the home's age since 1952. With a floor area of 127m2, the freehold property also offers good off-street parking with a double garage.

The home has seen a significant capital value increase, from $410,000 in August 2019 to $620,000 in August 2022, marking a 51.22% growth. The HouGarden AVM estimates its value at $607,500. The latest sale recorded was on March 20, 2006, for $238,000. Despite recent EQC and private insurance repairs, there's great potential for further value addition through cosmetic upgrades.

The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Emmanuel Christian School (Composite Year 1-10) rated decile 8, and Mairehau High School (Secondary Year 9-15) with a decile of 4, among others. This location offers an exceptional sense of community, excellent schools, and a super easy commute to great shopping or the City centre.

Updated on April 02, 2024.