Nestled at 4/106 Geraldine Street in the serene Edgeware, Christchurch, this residential unit boasts a 2-bedroom, 1-bathroom layout with a single carpark. Constructed in 1978 with concrete walls and tiled roofing, this cross-lease property is in good condition both inside and out. It sits on a level contour, offering a low-maintenance lifestyle with a floor area of 70 square meters. The property has seen a significant Capital Value (CV) increase of 49%, from $235,000 in 2019 to $350,000 as of 2022. The HouGarden AVM estimates it at $320,000, while the latest sale history shows a transaction at $310,000 in 2021 and $194,000 in 2007.
For families, the property falls within a desirable school zone. Middleton Grange School rates a high decile 9, while Emmanuel Christian School follows with a decile 8. Other schools in the area include Shirley School, Shirley Intermediate, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, catering to various educational levels and needs.
Located on a quiet cul-de-sac, this home is perfect for city fringe living, combining comfort with convenience. Close to Edgeware Village, Pomeroy's Brewery, and the vibrant Victoria Street, it's an ideal investment, first home, or lock-up-and-leave option.
Updated on December 04, 2024