Located at 4/35 Craven Street, Sockburn, Christchurch, this residential property offers a blend of comfort and convenience within its 80m² floor area. It features 2 bedrooms, 1 bathroom, and a carpark, making it ideal for small families or professionals. The property, part of a complex of six units, boasts a cross-lease title with no body corporate fees. Constructed in 1960, it has concrete walls and an aluminium roof, both in average condition. The level property contour adds to its appeal, providing an easy-care, low-maintenance living space.
The property has seen significant capital value growth, from $310,000 in August 2019 to $470,000 in August 2022, marking a 51.61% increase. A major renovation in 2022 has elevated its appeal, with the latest sale recorded at $482,000 in January 2024. The HouGarden AVM estimates its value at $450,000, showcasing its potential as a valuable investment. Its strategic location near the Bush Inn shopping centre, various schools, and a short commute to the CBD and Riccarton Mall further enhances its desirability.
Education is a priority, with the property zoned for several schools including Villa Maria College (Decile 9), Riccarton School (Decile 3), St Thomas of Canterbury College (Decile 8), Riccarton High School (Decile 6), Middleton Grange School (Years 11 - 13) (Decile 9), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6). These options provide excellent educational opportunities for families with children.
Updated on April 06, 2024.