58b Sarabande Avenue, Redwood, Christchurch

Welcome to 58b Sarabande Avenue, a beautifully renovated 3-bedroom, 1-bathroom home with a single carpark, set on a level plot in a quiet cul-de-sac of Redwood, Christchurch. This residential ownership home unit, built in 1981, boasts a solid concrete exterior, a tiled roof in good condition, and a cross-lease title. The property has seen a significant increase in Capital Value (CV), rising from $350,000 in August 2019 to the current $510,000, indicating a growth rate of 45.7%. The house itself is ready for modern living with USB and USBC ports thoughtfully integrated into most wall sockets.

With a HouGarden AVM of $515,000 and a latest sale price of $535,000 in July 2024, this property presents a sound investment. The previous sale in January 2017 was at $380,000, demonstrating a consistent capital appreciation. The low-maintenance gardens and fully fenced lawn provide a secure space for children and pets, while the convenient location near shopping malls, supermarkets, and public transport adds to the appeal.

For families with school-aged children, the property falls within the zones of several high-performing schools. Christ the King School is a full primary with a decile rating of 8, while Villa Maria College and Middleton Grange School are secondary schools with decile ratings of 9. Other schools in the area include Emmanuel Christian School, Casebrook Intermediate, Papanui High School, Papanui School, St Joseph's School, Christchurch Adventist School, Hagley Community College, and Marian College, all offering a range of educational options.

Updated on September 11, 2024