Nestled in the serene cul-de-sac of 6 Marlin Place, Mairehau, Christchurch, this freehold property boasts a promising investment opportunity. Constructed in 1968 with a Summerhill stone facade and concrete walls in good condition, the residence is complemented by an iron roof in average condition. It offers a comfortable floor area of 129sqm, set on a generous 620sqm section. The interior features three bedrooms, a modern kitchen, and is equipped with a heat pump for all-season comfort. With a CV of $580,000 as of August 2022, it has shown a remarkable growth of 50.65% from its 2019 valuation of $385,000. The HouGarden AVM estimates the property's value at $530,000. This address is zoned for esteemed schools such as Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8), among others, making it an ideal choice for families.
Boasting a prime location near Rugby Club, shopping malls, and with easy access to transportation, QEII, beaches, and Bottle Lake Forest, this property presents an attractive package for those seeking an active lifestyle. The property includes a double garage, carport, and a versatile workshop that could double as a studio or gym. With ample off-street parking, it's a perfect blend of convenience and potential.
For families with school-aged children, the property falls within the catchment area of Mairehau High School (Decile 4), Mairehau School (Decile 6), and other reputable educational institutions. This combination of location, potential for value growth, and access to quality education makes this property a compelling choice for both investors and families.
Updated on December 17, 2024