Nestled in the tranquility of 11a Cradock Street, within the coveted South New Brighton, Christchurch, this residential dwelling boasts a practical layout with 2 bedrooms and 1 bathroom. Constructed in 1992 with iron walls and roof, the property stands firm with a good condition, both inside and out. The 56 square meter floor area is set on a level contour, exuding an aura of warmth and inviting comfort. It is registered under a Cross-Lease ownership type, adding to the unique character of this home.
With a significant Capital Value (CV) increase of 65.22% from $230,000 in 2019 to $380,000 in 2022, and an estimated value of $382,500 by HouGarden AVM, this property also boasts a latest sale history of $380,000 in 2024, a stark contrast to its $16,000 sale in 1993, showcasing its investment potential.
For families with school-aged children, the property falls within the catchment area of esteemed institutions such as Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Shirley Boys' High School (Decile 6), among others, ensuring access to quality education.
Updated on September 04, 2024