1/8 Simeon Street, Spreydon, Christchurch

Located at 1/8 Simeon Street, Spreydon, Christchurch, this charming residential dwelling is a perfect blend of classic appeal and modern convenience. Built in 1940, the property features three spacious bedrooms, one bathroom, and a single car park. The house is constructed with wood walls and an iron roof, both in good condition, and sits on a level contour. The ownership type is Cross-Lease, offering a unique opportunity for potential buyers.

The property has shown significant capital growth over the years. The government valuation increased from $380,000 in August 2019 to $570,000 in August 2022, reflecting a 50% increase in capital value. The HouGarden AVM estimates the property value at $542,500. The latest sale was recorded on February 6, 2023, for $539,000, compared to a previous sale in March 2017 for $388,000, indicating a strong appreciation in value.

This property is zoned for several reputable schools, enhancing its appeal to families. It falls within the catchment area of Cashmere High School, a secondary school with a decile rating of 9, and Christchurch South Karamata Intermediate, with a decile of 8. Other nearby schools include Villa Maria College, St Thomas of Canterbury College, and Middleton Grange School, all offering excellent educational opportunities. The property's location, combined with its school zoning, makes it a highly desirable option for both homeowners and investors.

Updated on September 26, 2025