33 Frankleigh Street, Somerfield, Christchurch

Nestled at 33 Frankleigh Street, Somerfield, Christchurch, this charming residential dwelling boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1930 with roughcast walls and an iron roof, both in good condition, this freehold property sits on a level 680m2 land area with a floor space of 114m2. The north-facing living and dining room, with its large deck, allows for all-day sun enjoyment and relaxation in the private backyard.

With a current Capital Value (CV) of $630,000, this property has shown a remarkable increase of 43.18% from its $440,000 CV in 2019. The HouGarden AVM estimates the property at $602,500, while the latest sale history includes transactions at $429,000 in 2018 and $440,000 in 2016. This is an ideal investment with potential for further development on a full-sized section.

For families, the property falls within the Cashmere High School zone and is also in proximity to several well-rated educational institutions such as Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School, and more. It's a perfect first home or a wise investment in a sought-after school district.

Updated on October 30, 2024