Located at 34 Waiau Street, Cracroft, Christchurch, this residential dwelling boasts 3 bedrooms and 2 carparks, with a floor area of 118 square meters and a generous land area of 660 square meters. The property, built in 1962, features concrete walls in good condition and an iron roof also in good condition, all sitting on a level contour. It is a freehold property, indicating full ownership rights.
The capital value of this property has seen a significant increase, from $470,000 in August 2019 to $710,000 in August 2022, marking a 51.06% growth. The HouGarden AVM estimates its value at $695,000, while the latest sale in February 2024 was for $771,100, showcasing its desirable market trajectory.
The property is situated in a prime school zone, offering access to top-rated schools including Our Lady of the Assumption School (Chch) and Cashmere Primary Te Pae Kereru, both with a decile rating of 10. It is also near Villa Maria College, Middleton Grange School (Years 11 - 13), and Cashmere High School, all with a decile rating of 9, ensuring quality education options for families.