2/17 Frensham Crescent, Woolston, Christchurch

Nestled at 2/17 Frensham Crescent, Woolston, Christchurch, this residential ownership home unit boasts a single bedroom, bathroom, and carpark, with a floor area of 60 square meters. Constructed in 1970, the property features concrete walls and an iron roof, both in average condition, and is set on a level contour. The home is part of a Cross-Lease agreement, offering a unique ownership structure.

With a current Capital Value (CV) of $360,000 as of August 2022, this property has seen a remarkable increase of 63.64% from its $220,000 CV in August 2019. The HouGarden AVM estimates the property's value at $342,500, while the latest sale records from February 2024 and June 2008 indicate values of $256,000 and $174,000 respectively, highlighting a promising investment opportunity.

For families with children, the property falls within the catchment area of several schools, including Middleton Grange School (Decile 9), Te Waka Unua School (Decile 2), Hillview Christian School (Decile 7), and more. These educational institutions cater to various age groups and provide a solid foundation for learning.

Updated on October 23, 2024