Nestled at 16 Heathglen Avenue in the serene Parklands, Christchurch, this residential dwelling on a freehold title boasts 3 bedrooms, 2 car parks, and a spacious floor area of 140 square meters on a land of 641 square meters. Constructed in 1980 with mixed materials for the walls and tiles for the roof, both in good condition, this property presents a prime opportunity for renovation enthusiasts. The capital value has seen a significant increase from $395,000 in 2019 to $640,000 in 2022, reflecting a growth of 62.03%. The property is valued at $622,500 by HouGarden AVM and recently sold for $465,000 in 2024.
With a contour that's level and a north-facing backyard, the potential for adding value is immense. The property falls within the catchment area of esteemed schools such as Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Queenspark School (Decile 8), Shirley Boys' and Avonside Girls' High Schools (both Decile 6), among others. This addresses both lifestyle and educational needs, making it an attractive prospect for families.
Located in a quiet cul-de-sac, the property is close to the natural amenities of Bottle Lake Forest, Waimairi Beach, and Travis Wetlands. It's a perfect blend of tranquility and convenience. The deadline for offers is fast approaching, making this a timely opportunity for first home buyers and investors to make a strategic move in the property market.
Updated on August 07, 2024