3/9 Ikamatua Lane, Sydenham, Christchurch

Nestled in a serene cul-de-sac at 3/9 Ikamatua Lane, Sydenham, Christchurch, this 1980-built residential dwelling with a cross-lease title boasts a capital value that has surged by 51.28% over three years. The 110sqm floor area is adorned with stone walls and tiled roofing, both in good condition, exuding a low-maintenance charm. The 2-bedroom, 1-carpark home features an open plan living with a conservatory, heat pump heating, and a peaceful garden setting. It's a perfect fit for first-home buyers, downsizers, retirees, or investors, being healthy homes compliant and zoned for top-rated schools like Beckenham Primary and Cashmere High Schools.

With a current CV of $590,000 as of August 2022, and a HouGarden AVM of $547,500, the property's value has seen a significant jump from its previous CV of $390,000 in August 2019. The latest sale history includes transactions at $299,000 in 2010 and $272,500 in 2006, highlighting a promising investment growth trajectory.

Educationally endowed, the property falls within the decile 9 Villa Maria College, decile 8 St Thomas of Canterbury College, and other well-performing school zones. This is not just a home but a secure, sunny, and private sanctuary that invites you to explore beyond a mere drive-by.

Updated on July 04, 2024