Nestled in the tranquility of a quiet cul-de-sac at 1/32 Warrington Street, Mairehau, Christchurch, this residential ownership home unit boasts a practical layout with 2 bedrooms and a single carpark. Constructed in 1997 with mixed materials for the walls and tiles for the roof, both the walls and roof are in good condition. The property sits on a level contour and has a floor area of 110 square meters. It is under a Cross-Lease title, which adds to its unique ownership structure.
With a Capital Value (CV) of $540,000 as of August 2022, this property has shown a remarkable increase of 50% from its previous CV of $360,000 in August 2019. The HouGarden AVM estimates the property's value at $542,500, while the latest sale records from July 31, 2024, indicate a sale price of $512,500, a significant jump from the initial sale price of $151,000 in November 1997.
For families with school-aged children, this property falls within the catchment area of several reputable schools. Middleton Grange School (Years 11 - 13) is a composite school with a decile rating of 9, while Emmanuel Christian School caters to Year 1-10 with a decile rating of 8. Other schools in the zone include Shirley Intermediate (decile 4), Christchurch Adventist School (decile 5), Mairehau High School (Year 9-15, decile 4), St Albans School (decile 8), Hagley Community College (Year 9-15, decile 6), and Marian College (Year 9-15, decile 8), offering a diverse range of educational options.
Updated on September 18, 2024