Nestled in the serene Heathcote Valley, this charming two-bedroom unit boasts of a brick exterior and a tiled roof, set on a level contour. Constructed in 1996, the property is in good condition both inside and out. It is situated in a peaceful cul-de-sac, offering a tranquil environment with beautiful valley views. The home, with a floor area of 120 square meters, is a cross-lease property with a single car park and a well-maintained garage for convenient access.
As for the financials, the capital value has seen a remarkable increase of 62.67% from $375,000 in August 2019 to $610,000 in August 2022. The HouGarden AVM estimates the property at $592,500, while the latest sale was recorded at $390,000 in December 2019, following a previous sale at $250,000 in July 2011. This property presents a sound investment opportunity with a promising CV growth trajectory.
When it comes to education, the property falls within the zones of several reputable schools. Middleton Grange School and Heathcote Valley School both have a decile rating of 9, Hillview Christian School stands at a decile of 7, while other schools in the area include Christchurch Adventist School, Hagley Community College, Marian College, and Te Aratai College, catering to various educational needs and levels.
Updated on July 25, 2024