2/282 Sawyers Arms Road, Bishopdale, Christchurch

Nestled in a serene cul-de-sac on 2/282 Sawyers Arms Road, Bishopdale, Christchurch, this 1980-built residential dwelling with a cross-lease title boasts 3 bedrooms, 2 carparks, and a floor area of 104sqm. The property features concrete walls in good condition, a tiled roof, and a level contour, exuding a modern and tidy ambiance. Notably, the capital value has seen a significant increase from $430,000 in 2019 to $620,000 in 2022, reflecting a growth rate of 44.19%.

With a current HouGarden AVM of $592,500 and a latest sale price of $630,000 in 2024, this property presents a sound investment opportunity. The history of sales shows a consistent rise, with the previous sale in 2014 being $440,000. The property's appeal is further enhanced by its proximity to a range of schools, including Cotswold Matahae School with a decile rating of 8, Breens Intermediate at 7, and the highly-rated Christ the King School, Villa Maria College, and Middleton Grange School, all at decile 8 or 9.

For families with school-aged children, this property falls within a highly sought-after school zone, ensuring access to quality education. The combination of a prime location, strong CV growth, and a desirable school network makes this property an attractive proposition for both investors and families.

Updated on April 10, 2024