1/12 Molesworth Place, Somerfield, Christchurch

Tucked away in a friendly cul-de-sac on a private rear position in an eminently popular part of Christchurch, this spacious two-bedroom dwelling at 1/12 Molesworth Place, Somerfield, Christchurch, has had extensive modern upgrades and is presented to the market in immaculate condition. Built in 1973, the property features brick walls in good condition, tile roofing also in good condition, and a level property contour. The generous floor plan includes two double bedrooms with robes, a modern kitchen, and a functional bathroom. The open-plan living area is light and sunny, offering versatility and a dedicated dining area. The home is equipped with a heat pump, ceiling, exterior wall, and underfloor insulation, with most windows and doors being double glazed, ensuring year-round comfort. Other highlights include neutral decor, a separate laundry, excellent indoor/outdoor flow, and an internal access garage with generous loft shelf storage.

Over the years, the capital value of the property has seen a significant increase, from $395,000 in August 2019 to $510,000 in August 2022, marking a 29.11% growth. The latest HouGarden AVM estimates the property's value at $490,000. The property has a history of sales, with the latest transactions recorded at $410,000 in April 2016 and $350,000 in November 2015. This home is not only a comfortable and stylish residence but also a wise investment with a solid history of capital value growth.

Located in a sought-after school zone, the property offers access to top-rated schools including Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, Hillmorton High School, Our Lady of the Assumption School, Hoon Hay School, Cashmere High School, Hillview Christian School, Christchurch Adventist School, and Hagley Community College. These schools range from decile 4 to 10, catering to a variety of educational needs from full primary to secondary levels.

Updated on April 05, 2024.