Nestled in the serene cul-de-sac of Kerrs Road, this completely renovated 4-bedroom, 2-bathroom residential dwelling is a gem in the Avonside neighborhood of Christchurch. Sitting on a level, easy-care section of 462m2, this freehold property boasts a solid iron roof and well-maintained wooden walls, dating back to 1930. The capital value has seen a 50% increase from $330,000 in 2019 to $495,000 in 2022, reflecting a sound investment opportunity. The property features a new modern kitchen with appliances, freshly painted walls, and newly serviced heat pumps for year-round comfort. It also includes a freestanding garage and off-street parking for 2 additional vehicles.
With a HouGarden AVM of $485,000 and a latest sale price of $592,080 in 2024, this property presents a lucrative prospect. The government valuation history and the recent sale prices are indicative of the property's growing value. The property has been returning $450 per week, and now it's being offered with vacant possession.
For families with school-going children, the property falls within the catchment area of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8), among others. This renovated home not only promises comfort and convenience but also a sound investment in education.
Updated on August 28, 2024