Nestled on the lower slopes of Cashmere Hill, this inviting 4-bedroom, freehold property at 12 Bengal Drive boasts a prime location. Constructed in 1975 with durable brick walls and tiled roofing, the residence sits on an 898m2 section with an easy/moderate contour, offering panoramic views of the Southern Alps. It features a floor area of 240m2, 2 car parks, and a well-maintained interior and exterior. The government capital value has surged by 52.94% from $680,000 in 2019 to $1,040,000 in 2022, while the HouGarden AVM estimates it at $1,015,000. This property is not just about numbers; it's about potential, with a layout that flows from the kitchen to the dining and living areas, opening to a balcony perfect for entertainment. The downstairs area provides additional living space, ideal for extended family or guests. What's more, the property falls within the highly sought-after school zones of Cashmere High School, Te Pae Kereru Primary, and Christchurch South Intermediate, ensuring a top-notch education for your family. With a pool for summer fun and an oversized double garage, this home is an opportunity not to be missed.
Boasting a CV increase that speaks volumes about its investment potential, this property is a gem in the Cashmere neighborhood. The recent AVM and historical sales data reflect a consistent rise in value, making it an attractive prospect for buyers looking for both a quality lifestyle and a sound financial investment.
For families with educational priorities, this property is in the decile 9 and 10 school zones, including Villa Maria College, Our Lady of the Assumption School, and Cashmere Primary Te Pae Kereru. The chance to reside in a community with such high-caliber educational institutions is an added bonus to an already appealing package.
Updated on August 15, 2024