Located at 111 Sawyers Arms Road, Northcote, Christchurch, this residential dwelling offers a unique blend of comfort and potential. With 3 bedrooms, 1 bathroom, and a single carpark, the property spans a floor area of 92 square meters. Constructed in 1960, the house boasts concrete walls in good condition and a tiled roof, also in good condition. The property, on a level contour, is under a Cross-Lease ownership type, highlighting its solid construction and well-maintained state.
Over the years, the capital value of this property has seen a significant increase, from $370,000 in August 2019 to $550,000 in August 2022, marking a 48.65% growth. The latest sale in February 2024 was at $540,000, slightly above the HouGarden AVM of $530,000, indicating a stable market value. This growth trajectory underscores the property's investment potential and its appeal in the current market.
The property is ideally located within the Papanui High School zone, offering access to a variety of educational institutions including Bishopdale School (decile 3), Christ the King School (Christchurch) (decile 8), and Villa Maria College (decile 9), among others. This wide range of schools, catering to different educational needs and levels, makes it an excellent choice for families looking for quality education options.
Updated on April 04, 2024.