1/58 Wilsons Road South, Saint Martins, Christchurch

Nestled in the heart of St Martins, this charming property at 1/58 Wilsons Road South boasts a serene environment just 350m from the vibrant shopping precinct. Constructed in 1940 with wood walls and tiled roof, this 3-bedroom, 1-bathroom dwelling with a single carpark is a prime example of a move-in-ready home. The cross-lease property sits on a level contour, featuring an average wall and roof condition. With a floor area of 100sqm, it includes modern amenities like two heat pumps and a freestanding log burner for year-round comfort. The government's capital value has seen a stunning 57.3% increase from $445,000 in 2019 to $700,000 in 2022, while the HouGarden AVM estimates it at $705,000. Notably, the property sold for $432,000 in 2015 and $225,000 in 2010, indicating a consistent and impressive growth trajectory.

For families with educational priorities, the property falls within the catchment of several top-rated schools, including Cashmere High School, St Martins School, and Middleton Grange School. These institutions offer a decile rating of 9, ensuring a high standard of education. Other schools in the area also contribute to the appeal of this property for those seeking prime school zones.

With its potential for further enhancement, this property presents a unique opportunity to secure either a dream family home or a sound investment in one of Christchurch's most desirable neighborhoods. The current condition of 'as is where is' invites the discerning buyer to capitalize on a deal of a lifetime.

Updated on September 25, 2024