Nestled on a level plot at 11 Hutcheson Street, Sydenham, Christchurch, this charming 2-bedroom, 1-bathroom residence with 2 carparks presents an enticing opportunity. Constructed in 1980 with an iron roof and fibrous cement walls in average condition, it boasts a floor area of 73sqm and a generous land area of 272sqm. The property is offered on a Freehold title, which adds to its allure. Notably, the Capital Value has seen a substantial increase from $330,000 in 2019 to $480,000 in 2022, reflecting a growth rate of 45.45%. The HouGarden AVM estimates the property's worth at $460,000, while the latest sales were recorded at $500,000 in 2024 and $470,000 in 2022.
For families, the property falls within a highly regarded school zone. Middleton Grange School, catering to Years 11-13, is a composite school with a decile rating of 9. Other notable schools include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), Te Aratai College (Year 7&8, decile 3), and Waltham School (Full Primary, decile 3), offering a range of educational options.
Located on the city fringe, the property is close to the CBD and the popular shopping and café district of The Colombo. Sydenham Park is mere seconds away, and the Cashmere Hills are easily accessible, making this an ideal blend of convenience and tranquility.
Updated on October 23, 2024