Nestled in the serene Osborne Street of Waltham, Christchurch, this 2-bedroom, 1-bathroom residence with a single carpark presents an enticing opportunity for both first-home buyers and investors. Constructed in 1970 with robust concrete walls and an iron roof, both in good condition, the property sits on a level contour. It holds a Cross-Lease title and offers a practical open-plan living space with a separate shower, modern kitchen amenities including a dishwasher, rangehood, and stove, and convenient access to local amenities and public transport.
With a Capital Value (CV) that has seen a remarkable increase of 61.36% from $220,000 in August 2019 to $355,000 in August 2022, and an estimated value of $357,500 by HouGarden AVM, this property also boasts a sales history that includes a transaction at $270,000 in September 2019 and $224,250 in February 2017. It's a clear indicator of the property's rising value and potential as a sound investment.
For families with school-aged children, the property falls within the zone of several well-regarded schools. Middleton Grange School (Decile 9) caters to Years 11-13, Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), Marian College (Decile 8), Te Aratai College for Years 7&8 (Decile 3), and Waltham School, a Full Primary with a Decile rating of 3. This home truly combines comfort, convenience, and quality education in one package.
Updated on September 18, 2024