93 Farquhars Road, Redwood, Christchurch

Nestled in the heart of Redwood, this inviting freehold property boasts 4 bedrooms, 2 carparks, and a floor area of 161 square meters on a sprawling 721 square meter section. Constructed in 1970 with concrete walls and tiled roof, both in good condition, the residence is a perfect blend of classic charm and modern comfort. The property's capital value has seen a remarkable increase of 47.8%, from $460,000 in 2019 to the current $680,000 in 2022. HouGarden AVM estimates the property's worth at $675,000, making it an attractive investment. The location is further enhanced by its proximity to a range of schools, including Christ the King School and Villa Maria College, both with high decile ratings.

With a capital value growth rate that outpaces the market average, this property is not just a home but a sound financial investment. The recent sales history and the current CV reflect the desirability of the area and the potential for further value appreciation. The property's serene environment, double glazing, and established gardens create a peaceful retreat, while the double garage offers practicality for the handyman or additional storage needs.

For families with school-aged children, the property falls within the catchment area of several well-regarded schools, including Christ the King School with a decile rating of 8, and Villa Maria College, rated 9. This ensures access to quality education, which is a key factor for many homebuyers. The combination of a prime location, solid construction, and promising investment prospects make this property an opportunity not to be missed.

Updated on November 04, 2024