Nestled within the esteemed 280 Bealey Avenue complex, this 2-bedroom, 1-bathroom apartment boasts a prime location, complemented by a capital value that has seen a rapid increase of 32.43% from $370,000 in 2019 to $490,000 as of August 2022. Constructed with durable concrete walls and an iron roof in 2001, this unit title property offers a floor area of 62 square meters and a carpark. The well-maintained complex provides upscale amenities such as a swimming pool, gym, and basement parking at reasonable rates. Each apartment has been refurbished with contemporary fixtures and the option for a full furniture package. The property is in close proximity to the airport, a 15-minute walk to the central city, and adjacent to Hagley Park, offering an enviable lifestyle. It falls within the catchment area of several reputable schools, including Middleton Grange School (Decile 9) and Marian College (Decile 8), ensuring a quality education for residents.
With a HouGarden AVM of $470,000 and the latest sale recorded at $490,000 in 2024, this property presents a sound investment opportunity, whether for a modern city living, a convenient lock-up-and-leave option, or a lucrative short-term rental venture.
Educationally, the property is zoned for a selection of high-performing schools, including Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), Mairehau High School (Decile 4), and Christchurch East School (Decile 3), catering to diverse educational needs and preferences.
Updated on October 16, 2024