Located at 1/18 Ensors Road, Opawa, Christchurch, this residential dwelling boasts a solid brick construction with tile roofing, reflecting its 1960s build era. The property features three spacious bedrooms, a generous floor area of 160sqm, and is situated on a level, low maintenance section. With two car parks and in good condition, this cross-lease property offers a sunny northern aspect and large windows that fill the home with light from dawn till dusk. The home's potential is highlighted by its larger floor plan, offering two spacious living areas and the opportunity for decor enhancements to unlock further value.
Over the years, the capital value of this property has seen significant growth, from $430,000 in August 2019 to $650,000 in August 2022, marking a 51.16% increase. The latest sale, recorded on December 21, 2023, was at $651,000, slightly above the HouGarden AVM of $622,500. This demonstrates the property's solid investment potential and the opportunity for capital gains.
The property is zoned for several reputable schools, including Middleton Grange School (decile 9), Hillview Christian School (decile 7), and Marian College (decile 8), among others. This makes it an ideal choice for families looking for quality education options. Its proximity to river walking tracks, parks, and the St Martins shopping precinct further enhances the lifestyle on offer.
Updated on April 06, 2024.