Nestled in the serene Blighs Road of Strowan, Christchurch, lies a remarkable freehold property, built in 1940 with solid brick walls and iron roofing, both in excellent condition. This 3-bedroom, 2-carpark home spans across 161 square meters of floor area and is set on a levelled 948 square meter section. The property, valued at $890,000 as per the latest government valuation, has seen a CV increase of 41.27% since 2019, reflecting a rapid appreciation in capital value.
With a HouGarden AVM of $815,000 and recent sales history showing transactions of $878,000 in 2024 and $906,000 in 2022, this property offers a compelling investment opportunity. The consistent growth in value is a testament to the desirability of the location and the property itself.
For families with school-aged children, the property falls within the zone of several high-performing schools, including Christchurch Girls' and Boys' High Schools, both decile 10, and Heaton Normal Intermediate, decile 9. Other notable schools in the area include St Patrick's School, Waimairi School, and Villa Maria College, all known for their high standards of education.
Updated on December 04, 2024