2/5 Craven Street, Sockburn, Christchurch

Nestled in the serene cul-de-sac of Craven Street, Sockburn, Christchurch, this 1994-built residential unit boasts a brick exterior and a tiled roof, both in good condition. Offering 3 bedrooms, a single carpark, and a floor area of 110 square meters, it is governed by a Cross-Lease ownership. The property's Capital Value (CV) has seen a remarkable increase from $380,000 in August 2019 to $525,000 in August 2022, showcasing a growth rate of 38.16%. The latest sale was recorded on October 8, 2024, at $560,000, while the HouGarden AVM estimates the property's value at $520,000.

For families with school-aged children, the property falls within the zone of several reputable institutions. These include Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Riccarton High School (Decile 6), among others. Each school offers a unique educational environment catering to different age groups and academic needs.

With a heat pump for heating, this spacious unit with open-plan living and a sunny living area is perfect for comfortable family living. Its convenient location near Riccarton High and Our Lady of Victories School, combined with the property's increasing CV, makes it an attractive investment opportunity.

Updated on November 13, 2024