2/71 Ashgrove Terrace, Somerfield, Christchurch

Located at 2/71 Ashgrove Terrace, Somerfield, Christchurch, this residential dwelling is a testament to quality finishes and thoughtful design. Built in 1920, the property features three double bedrooms, a master with an ensuite, and two living areas spread across a 140m² floor area. The exterior boasts wood construction with a good condition iron roof, set on a level contour under a Unit Title ownership. The property is enhanced by a full ducted internal air conditioning system, ensuring comfort throughout. Positioned on an elevated site down a private ROW, it's merely 550 meters from Zero's café in Cashmere, with river walks starting at the end of the driveway.

The capital value of this property has seen a significant increase, from $400,000 in August 2019 to $770,000 in August 2022, marking a 92.5% growth. The latest sale recorded was on December 21, 2023, for $778,000, following a previous sale at $382,000 on October 5, 2016. The HouGarden AVM estimates the property's value at $740,000, highlighting its desirability and investment potential.

Education is a priority with this property, located within the zones of top-rated schools including Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, Christchurch South Karamata Intermediate, and Cashmere High School, all boasting high decile ratings. This makes it an ideal home for families seeking quality education for their children.

Updated on April 06, 2024.