Located at 2/12a Tern Street, Southshore, Christchurch, this residential property features 2 bedrooms, 1 bathroom, and 1 carpark, covering a floor area of 88 square meters. Built in 1987 with mixed materials for the walls and an iron roof, both in good condition, it sits on a level contour under a Cross-Lease ownership type. This property falls within the category of Residential - Ownership home units, offering a blend of comfort and convenience.
The capital value of this property has seen a significant increase, from $330,000 in August 2019 to $500,000 in August 2022, marking a 51.52% growth. The latest sale recorded on March 1, 2024, was at $520,000, slightly above the HouGarden AVM of $490,000, indicating a steady market appreciation. This property's capital value growth and recent sales history reflect its desirable location and potential for investment.
Education is a priority, with the property zoned for several reputable schools including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School (decile 7), Shirley Boys' High School, Avonside Girls' High School, Haeata Community College (decile 1), South New Brighton School, Christchurch Adventist School (decile 5), Hagley Community College, Marian College (decile 8), all offering diverse educational opportunities for families. This property's location in a well-regarded school zone adds to its appeal for families looking for quality education options.
Updated on March 21, 2024.