38 Marine Drive, Diamond Harbour, Christchurch

Nestled at 38 Marine Drive, Diamond Harbour, Christchurch, this residential dwelling on a freehold title boasts 2 bedrooms, 1 bathroom, and a compact yet functional floor area of 58 square meters. Constructed in 1950 with fibrous cement walls and an aluminium roof in average condition, it sits on a steep fall contour with a generous land area of 670 square meters. The property, with a current Capital Value (CV) of $520,000, has seen a remarkable increase of 55.22% from its previous CV of $335,000 in 2019.

With a HouGarden AVM of $515,000, the latest sale history includes transactions at $290,000 in 2015 and $190,000 in 2011, indicating a steady growth in value. This property offers a serene escape from the city hustle, with potential for further improvement and negotiation over $449,000.

Located in a prime school zone, the area is served by Middleton Grange School (Decile 9), Aidanfield Christian School (Decile 8), Cashmere High School (Decile 9), Christchurch Adventist School (Decile 5), and Marian College (Decile 8), ensuring access to quality education.

Updated on November 04, 2024