179 Grimseys Road, Redwood, Christchurch

Nestled on a spacious 946m2 section in the sought-after Redwood, Christchurch, this freehold property boasts a charming 4-bedroom, 1955-built home with a floor area of 169m2. The solid brick exterior and iron roof contribute to its timeless appeal, while inside, the two large living areas, separate office, and ample parking with a double garage and carport, offer both comfort and potential for value addition. The property has seen a significant Capital Value increase of 48.5% over the past three years, from $485,000 to the current $720,000. The latest sale was in 2020 for $485,000, while the HouGarden AVM estimates the property at $670,000.

For families, the property is zoned for a selection of high-quality schools, including Redwood School and Papanui High School, with other reputable institutions like Villa Maria College and St Joseph's School nearby. The area is known for its safe parks, convenient local shops, and easy access to larger shopping centers, making it an ideal place to raise a family.

With a current government valuation of $720,000, this property presents a golden opportunity for investors and families alike. The seller has provided a building report, LIM report, and title for a smooth purchasing process. Don't miss out on this property with BIG house, BIG land, BIG garages, and BIG potential!

Updated on May 23, 2024