29 Erin Crescent, Mairehau, Christchurch

Nestled in the serene Erin Crescent, this 1965-built residence boasts a freehold title on a level plot of 607 square meters. The 119 square meter floor area is thoughtfully divided into 3 bedrooms, complemented by 2 carparks and a robust brick exterior. The roof, in good condition, is made of tiles. This Mairehau, Christchurch property has seen a capital value increase of 50%, from $400,000 in 2019 to the current $600,000 as per the latest government valuation.

With a HouGarden AVM of $592,500 and a latest sale record of $660,000 in 2024, this property presents a sound investment opportunity. The historical sale in 1999 was for $44,908, showcasing a significant value appreciation over the years.

For families with school-aged children, the property falls within the catchment area of several well-regarded schools. These include Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Christchurch Adventist School (Decile 5), Mairehau High School (Decile 4), Mairehau School (Decile 6), Hagley Community College (Decile 6), and Marian College (Decile 8).

Updated on November 07, 2024