20 Cherrywood Place, Redwood, Christchurch

Nestled in the serene Cherrywood Place, a quiet cul-de-sac in Redwood, Christchurch, stands a charming residential dwelling on a freehold title. Constructed in 1985 with robust brick walls and a reliable tile roof, this 4-bedroom, 2-car park home offers a generous floor area of 230 square meters on a sprawling 704 square meter plot. The property is in a level contour, boasts good wall and roof conditions, and presents an appealing investment with a consistent capital value growth.

As per the latest records, the capital value has surged by 42.11% from $570,000 in August 2019 to $810,000 in August 2022. The HouGarden AVM estimates the property's worth at $805,000, while the most recent sales in 2024 indicate a high demand, with transactions at $850,000 and $700,000 respectively.

For families with school-aged children, the property falls within a highly sought-after school zone. It is in proximity to esteemed institutions such as Christ the King School (Decile 8), Villa Maria College (Decile 9), Middleton Grange School (Decile 9), and Emmanuel Christian School (Decile 8), among others, ensuring access to quality education.

Updated on November 07, 2024