Nestled in a serene cul-de-sac at 8c Leeman Place, Redwood, Christchurch, this freehold property boasts a capital value that has surged by 52.78% from $360,000 in August 2019 to $550,000 in August 2022. Constructed in 1972 with concrete walls and tiled roof, both in good condition, this residential dwelling offers 3 bedrooms, 1 bathroom, a separate toilet, and a double garage, all set on a levelled 756m2 section with a floor area of 96m2. The heat pump assisted, open plan living area with a fireplace is perfect for family gatherings.
Valued at $505,000 by HouGarden AVM, the property last changed hands in 2009 for $311,000. The CV growth is a testament to the investment potential of this property. With a host of schools nearby, including Northcote School, St Joseph's School, Casebrook Intermediate, and Papanui High School, this property is ideal for families with children of all ages, offering a mix of primary, intermediate, and secondary options, many of which are decile rated 8 and above.
Situated close to Northlands Shopping Centre, Redwood Park, and a variety of amenities, this property presents a golden opportunity for those looking to add value. Don't miss the chance to transform this 'as is, where is' opportunity into a home that truly sparkles with potential.
Updated on December 12, 2024