61 Gibbon Street, Sydenham, Christchurch

Nestled in the tranquil cul-de-sac of 61 Gibbon Street, Sydenham, Christchurch, this freehold property is a gem for homebuyers seeking potential and convenience. The 3-bedroom, 1-bathroom residence spans a floor area of 100 square meters on a level plot of 214 square meters. It features solid brick walls and an iron roof, both in good condition, befitting its 2024 build age. With a CV of $670,000 as of August 2022, this property presents a promising investment with a CV growth trajectory. The latest sale on October 19, 2024, for $685,000, reflects a healthy property market in the area.

For families, the property's highlight is its location within a desirable school zone. The surrounding educational institutions are known for their high decile ratings, offering an excellent foundation for children's education. Moreover, the property's HouGarden AVM stands at $665,000, indicating a competitive market value.

With its proximity to the CBD, shopping centers, recreational facilities, and a plethora of amenities, this property is not just a home but a smart investment. It's a perfect match for renovators, builders, DIY enthusiasts, and first-time homebuyers looking to capitalize on a property that's been off the market for 39 years.

Updated on November 27, 2024