38 Santa Maria Avenue, Mount Pleasant, Christchurch

Nestled in the serene cul-de-sac of 38 Santa Maria Avenue, Mount Pleasant, Christchurch, this 190sqm family residence on a freehold title of approximately 587sqm boasts 4 bedrooms and ample living spaces. Constructed in 1971 with iron roofing and wooden walls in good condition, this property offers a solid foundation for transformation. The current Capital Value (CV) of $810,000 reflects a significant increase of 58.8% from $510,000 in 2019, indicating rapid appreciation. The HouGarden AVM estimates the property's worth at $775,000, making it an attractive investment with substantial potential for capital gains.

With a history of minimal maintenance, this property invites a visionary to convert it into a dream home, leveraging its hilltop location with expansive views and a level contour. The schools in the area, including Mt Pleasant School and Middleton Grange School, are of high decile ratings, ensuring quality education for the family. This property is not for the faint-hearted; it's a golden opportunity for those seeking a rewarding project to be completed before Christmas.

Viewing is strictly by appointment, so schedule your visit to appreciate the potential and the home's street appeal. This property must be sold, and it's a bargain waiting to be seized.

Updated on October 31, 2024