11a Palmside Street, Somerfield, Christchurch

Nestled on a serene cul-de-sac at 11a Palmside Street, Somerfield, Christchurch, this freehold property boasts a well-maintained brick exterior and a tiled roof, constructed in 1961. It features 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 105 sqm and a spacious land area of 741 sqm. The property has seen a significant Capital Value (CV) increase of 76.47%, from $425,000 in 2019 to $750,000 as of 2022. The HouGarden AVM estimates the property's value at $695,000, with the latest sale recorded at $431,000 in 2019 and $305,000 in 2009.

With a CV growth that outpaces the market average, this residence is not just a home but a sound investment. It has been renovated to include modern finishes, a cozy log burner, and a smart new bathroom, complemented by brand new carpets and underfloor insulation. The large single garage, extra parking, and a useful lockable shed add to the property's appeal.

For families with school-aged children, the property falls within the highly sought-after Cashmere High School zone, with several other well-rated schools nearby, including Villa Maria College and St Thomas of Canterbury College. The area offers easy access to public transport, sports facilities, parks, and shopping amenities, making this an ideal blend of comfort, convenience, and quality education.

Updated on May 03, 2024