308 Armagh Street, Christchurch Central, Christchurch

Nestled at the core of Christchurch Central, 308 Armagh Street presents a rare freehold opportunity in a turn-of-the-century villa. This charming residence boasts 3 bedrooms, 1 bathroom, and a generous floor area of 94 square meters on a level plot of 348 square meters. Constructed in 1910 with wood walls and an iron roof, both in average condition, this property exudes heritage appeal with its north-facing orientation and large villa windows. The capital value has surged by 47% over the past three years, from $395,000 in 2019 to $580,000 as of August 2022. The latest HouGarden AVM estimates the property at $530,000, while the last sale was recorded at $220,000 in 2006.

For investors and families alike, the property's location within the catchment area of esteemed schools such as Middleton Grange School (Decile 9) and Marian College (Decile 8) is a significant draw. Other nearby educational institutions include Hillview Christian School (Decile 7) and Hagley Community College (Decile 6), ensuring a range of educational options for all ages. The Christchurch East School and Te Aratai College also offer convenient primary and secondary education facilities.

Boasting a lush backyard and additional sheds, this property holds potential for redevelopment or building new at the back. Situated in a quiet cul-de-sac, it's a stone's throw from the vibrant Beat Street Café and the popular Margaret Mahy Playground. With the Regent Street café scene, wine bars, cultural venues like The Piano and the Town Hall, and the Convention Centre nearby, this home is not just a piece of history but a gateway to the city's heartbeat.

Updated on December 03, 2024