1/64 Osborne Street, Waltham, Christchurch

Nestled in a serene cul-de-sac at 1/64 Osborne Street, Waltham, Christchurch, this 2-bedroom, 1-bathroom unit with a single carpark is a gem in the residential market. Constructed in 1970 with concrete walls and an iron roof, both in good condition, the property sits on a level contour. It's a cross-lease ownership, and the interior boasts a light-filled, renovated space with a modern kitchen and bathroom, complemented by a sun-drenched conservatory. The living area's built-in bookcase and the open-plan dining/kitchen are perfect for entertaining. Outside, a charming front garden, garage, and shed provide additional appeal. With a government capital value (CV) of $355,000 as of August 2022, the property has shown a CV increase of 61.36% since August 2019. The HouGarden AVM estimates the value at $357,500, while the latest sales were in 1996 at $89,000 and $70,000 respectively. Educationally, the property falls within the decile 9 Middleton Grange School zone, along with several other well-rated institutions.

For investors, the rapid CV growth and prime location make this property an attractive prospect. The combination of classic charm and modern updates ensures a comfortable living experience, mere moments from the CBD.

As for the school network, the area is served by Middleton Grange School (Years 11-13) with a decile rating of 9, Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (Year 9-15, decile 6), Marian College (Year 9-15, decile 8), Te Aratai College (Year 7&8, decile 3), and Waltham School (Full Primary, decile 3), offering a range of educational options for families.

Updated on September 24, 2024