Located at 159 Shortland Street, Aranui, Christchurch, this residential dwelling boasts 4 bedrooms, a spacious floor area of 101 square meters, and sits on a generous land area of 508 square meters. The property, built in 1971, features concrete walls in good condition and an iron roof also in good condition, ensuring durability and low maintenance. With a freehold ownership type, this property offers 2 car parking spaces and is situated on a level contour, making it an ideal family home.
Over the years, the property has seen significant growth in its capital value, increasing from $325,000 in August 2019 to $500,000 in August 2022, marking a 53.85% increase. This growth is supported by a HouGarden AVM estimate of $490,000. The property's latest sale was recorded on January 11, 2024, for $500,000, showing a substantial increase from its previous sale price of $126,500 in January 2003.
The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School (decile 7), Haeata Community College (Year 9-15) with a decile rating of 1, Christchurch Adventist School (decile 5), Hagley Community College (Secondary Year 9-15, decile 6), and Marian College (Secondary Year 9-15, decile 8). This wide range of educational options makes it an excellent choice for families prioritizing quality education.