Nestled in the serene Woolston neighborhood at 17 Randolph Street, this 1915-built, freehold property offers a cozy lifestyle. The three-bedroom, one-bathroom cottage with a single carpark boasts an average-condition wood exterior, iron roof, and a level contour. Inside, it features new carpet, polished timber floors, a separate laundry, a log burner, and two heat pumps. The private, fully fenced garden comes with a patio and lawn, accompanied by two garden sheds and ample off-street parking. The property's Capital Value (CV) has seen a remarkable increase of 63.64% from $275,000 in 2019 to $450,000 as of 2022. HouGarden's AVM estimates the property at $445,000, while the latest sales were recorded at $320,800 in 2020 and $261,000 in 2014. This home, needing some tender love and care, presents an opportunity at a price that's hard to resist.
Government valuations highlight the property's rising value, reflecting a promising investment in a rapidly appreciating area. The recent CV surge underscores the potential for further growth, making it an attractive prospect for buyers looking to secure a sound real estate asset.
For families with children, the property falls within the catchment area of several well-regarded schools. Middleton Grange School, a composite institution with a decile rating of 9, is one of the many educational establishments in the zone. Others include Te Waka Unua School (decile 2), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), and Te Aratai College (Year 7&8, decile 3), catering to diverse educational needs and preferences.
Updated on November 25, 2024