1/30 Desmond Street, Merivale, Christchurch

Nestled in the prestigious Desmond Street, a tranquil enclave in Fendalton, Christchurch, this exquisite residence boasts a 4-bedroom plus media room configuration, which could easily be converted into a 5th bedroom. Constructed in 1995 with roughcast walls and tiled roofing, the property is in a Cross-Lease ownership and presents a floor area of 255 square meters. The home is complemented by 2 car parks and features an open plan kitchen/dining, separate lounge, and a sheltered terrace that seamless transitions to a beautifully landscaped garden. Notably, the property has seen a capital value increase from $1,100,000 in August 2019 to $1,700,000 in August 2022, reflecting a growth of 54.55%. The HouGarden AVM estimates the property's worth at $1,582,500, while the latest sale records are from 2013 at $938,000 and 2000 at $629,000.

With a prime location, the property falls within the catchment area of top-rated schools such as Burnside High School (Decile 8), St Patrick's School (Bryndwr) Decile 10, Heaton Normal Intermediate (Decile 9), Christchurch Boys' and Girls' High Schools (Deciles 10 and 9 respectively), Middleton Grange School, and more. This address offers the best of both worlds, serene privacy and easy access to the amenities of the Inner City and the scenic Hagley Park.

Desmond Street is renowned for its desirable neighbourhood, offering peace and privacy, making it one of the most sought-after addresses in Christchurch. The residence is perfect for both couples and families, with potential for further enhancement by visionary owners. Don't miss this rare opportunity to secure a slice of this exclusive locale.

Updated on July 08, 2024