8a Macmillan Avenue, Cashmere, Christchurch

Nestled in the esteemed Cashmere Hills, 8a Macmillan Avenue stands as a testament to luxurious living on a freehold site. This 4-bedroom, 2-carpark home boasts a floor area of 378sqm and sits on a generous 792sqm section. Constructed in 2000 with roughcast walls and a Malthoid roof in good condition, the property is on an easy-to-moderate contour. The current Capital Value (CV) of $2,560,000 represents a 31% increase since 2019. The HouGarden AVM estimates the property at $2,342,500, with the latest sale in 2021 at $1,730,000. Historically, in 2013, it sold for $2,100,000. For families with school-aged children, the property falls within the zones of Cashmere Primary (Decile 10), Cashmere High (Decile 9), and other reputable institutions.

With a CV growth rate that outpaces the market, this property is not just a home but a sound investment. The recent valuation and sales history reflect its consistent rise in value. The residence, with its tastefully elegant decor and recently refurbished chef's kitchen, enjoys panoramic views and is equipped with ducted heat pumps and a gas fire for comfort throughout the year.

Education takes center stage with the address being in the zone for top-performing schools. Cashmere Primary, Cashmere High, and other surrounding schools are highly rated, making this an ideal location for families who prioritize education.

Updated on December 05, 2024