1/28 Sawtell Place, Northcote, Christchurch

Nestled in a serene cul-de-sac of Northcote, Christchurch, this residential unit boasts a charming 2-bedroom, 1-bathroom layout with a single carpark. Constructed in 1987 with enduring brick walls and tiled roofing, the property stands on a level contour with a well-maintained exterior. The current Government Valuation (CV) of $540,000 reflects a significant 44% increase since 2019, showcasing its investment potential. The property is held under a Cross-Lease title, offering a unique ownership experience.

With a HouGarden AVM of $520,000 and a latest sale history of $550,000 in 2024, this unit presents an attractive opportunity. The CV growth and sales history indicate a robust real estate market in this prime location. The property's spacious hideaway feel, with two living areas, a separate laundry, and generous outdoor space, makes it an ideal first home or a larger alternative to retirement living.

For families with school-aged children, the property falls within the catchment area of esteemed schools such as Christ the King School (Decile 8) and Villa Maria College (Decile 9), ensuring access to quality education. Other nearby schools include Middleton Grange, Emmanuel Christian, Casebrook Intermediate, Papanui High, Papanui School, St Joseph's, Christchurch Adventist, Hagley Community College, and Marian College, catering to various educational needs and levels.

Updated on October 23, 2024