1/27 Shrewsbury Street, Merivale, Christchurch

Located at 1/27 Shrewsbury Street, Merivale, Christchurch, this residential property features 4 bedrooms, a floor area of 150 square meters, and 1 carpark, making it an ideal family home. The property is a Cross-Lease title with mixed materials for the walls and tiles for the roof, both in good condition. Built in 1984, it sits on a level contour, categorised under Residential - Ownership home units.

The capital value of the property has seen a significant increase from $670,000 in August 2019 to $900,000 in August 2022, marking a 34.33% growth. The latest sale recorded was on January 24, 2024, for $852,500, slightly below the HouGarden AVM of $862,500. This demonstrates the property's solid market value and investment potential.

Situated in a prime school zone, the property offers access to top-rated schools including Burnside High School (decile 8), St Patrick's School (Bryndwr) (decile 10), Heaton Normal Intermediate (decile 9), and Christchurch Boys' and Girls' High Schools (decile 10 and 9, respectively), among others. This makes it an excellent choice for families prioritizing education.

Updated on April 06, 2024.