7/9 Cameron Street, Sydenham, Christchurch

Nestled in the charming Cameron Street of Sydenham, Christchurch, this 81 square meter, 2-bedroom, 1-bathroom unit with a single carpark presents an ideal opportunity for both investors and first-home buyers. Constructed in 2009 with a solid iron roof and well-maintained wooden walls, this unit is situated on a level contour. The property, held under a Unit Title, has experienced a notable Capital Value (CV) increase of 44.07%, from $295,000 in August 2019 to $425,000 in August 2022. The latest sale price of $431,000 in February 2024 showcases a continuously rising trend. The HouGarden AVM estimates the property at $407,500, making it an attractive prospect in the market.

With a CV growth rate that outpaces the market average, this property also boasts a convenient location, close to amenities, parks, and public transport. The kitchen is well-appointed with a gas hob, dishwasher, and a cozy dining nook. The open-plan living area, complemented by a north-facing balcony, creates a warm and inviting space. The property's recent sale history and AVM reflect its desirability and investment potential.

For families with school-aged children, this property falls within the catchment area of several well-regarded schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8), among others. This city chic apartment not only offers comfort and convenience but also a promising future in a sought-after educational zone.

Updated on April 10, 2024