15 Thornton Street, Mairehau, Christchurch

Nestled in the serene Thornton Street, Mairehau, Christchurch, this charming 3-bedroom, 1-bathroom residence with a single carpark is a freehold property. Constructed in 1950 with wood walls and an iron roof, it offers a floor area of 118sqm and is set on a levelled land of 440sqm. The property has seen a significant Capital Value (CV) increase of 85.5% from $345,000 in 2019 to the current $640,000 in 2022. The latest sales history showcases a dynamic market with sales prices ranging from $430,000 to $650,000. HouGarden AVM estimates the property's value at $632,500. The home features a large separate lounge, sunny wrap-around decking, an open-plan dining and kitchen area, updated kitchen, new carpets, LED lighting, a heat pump, and a permitted freestanding wood burner. It's a perfect fit for young families or first-time buyers, with a garden designed for shelter and privacy.

Educationally, the property falls within a desirable school zone. Middleton Grange School (Years 11-13) and Emmanuel Christian School both boast high decile ratings of 9 and 8 respectively, while Shirley School, Shirley Intermediate, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College offer diverse educational opportunities with varying deciles.

With a combination of classic charm and modern updates, this property is not just a home but a sound investment in a prime location.

Updated on November 27, 2024