7/42 Stanmore Road, Phillipstown, Christchurch

Nestled in the heart of Phillipstown, Christchurch, this delightful townhouse at 7/42 Stanmore Road boasts a generous floor area of 74sqm. Constructed in 1993 with concrete walls and tiled roofing, the property is in a good condition both inside and out. It features 2 bedrooms, 1 bathroom, and a carpark, and is governed by a Cross-Lease ownership. The inviting open-plan living area is equipped with a heat pump and leads to a charming north-facing garden, making it an ideal choice for first-time buyers, investors, or those looking to downsize.

With a significant Capital Value (CV) increase of 90.38% from August 2019 to August 2022, reaching $495,000, and a HouGarden AVM of $460,000, this property offers a promising investment opportunity. The latest sale history includes transactions at $290,000 in September 2020 and $269,000 in March 2019, indicating a consistent rise in value.

For families with children, the property falls within the catchment area of several well-regarded schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8), among others. This central location is not only convenient for families but also for professionals seeking easy access to amenities and investors looking to expand their portfolios.

Updated on May 23, 2024