2a Hythe Lane, Saint Martins, Christchurch

Nestled in the serene Hythe Lane of Saint Martins, Christchurch, this 1976-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. The 70 square meter floor area is complemented by a tiles roof and concrete walls, both in good condition. This unit title property, with a level contour, presents a golden opportunity for first-time buyers or investors looking to renovate and capitalize on the property's appreciating value. The latest government valuation reflects a CV of $510,000, a significant increase of 41.67% from the 2019 valuation of $360,000. The HouGarden AVM estimates the property at $490,000, while the latest sale history shows a transaction at $510,000 in 2024 and $275,000 in 2017.

With a sought-after school zone, the property is ideal for families. It is within walking distance to St Martins School (Full Primary, Decile 9) and Cashmere High School (Secondary, Decile 9), and is also served by other well-regarded institutions such as Villa Maria College (Secondary, Decile 9) and Middleton Grange School (Composite, Decile 9). The location provides privacy, all-day sun, and a friendly community, making it a perfect blend of comfort and convenience.

Don't miss the chance to secure this charming unit in a quiet cul-de-sac, where the potential for improvement and value growth is evident. With spacious grounds and a lock-up garage, it's a must-see for those seeking a quality property in a prime educational zone.

Updated on April 17, 2024