1/131 Prestons Road, Redwood, Christchurch

Nestled in the serene cul-de-sac of 1/131 Prestons Road, Redwood, Christchurch, this 1997-built residential dwelling with a Cross-Lease title offers an ultimate blend of space and comfort. The 3-bedroom, 2-bathroom townhouse, complete with a modernized master suite and brand new bathrooms, is spread across a generous floor area of 160 square meters. The Iron roof and Brick exterior walls are both in good condition, complemented by a double internal access garage and a private north-facing courtyard. The property's Capital Value has seen a remarkable increase of 47.73% from $440,000 in August 2019 to $650,000 in August 2022, with a HouGarden AVM estimate of $622,500. The latest sale was recorded at $691,000 on September 18, 2024, a significant jump from the previous sale of $282,000 in October 2008.

For families with school-aged children, the property falls within the zones of several high-performing schools, including Christ the King School (Decile 8), Villa Maria College (Decile 9), and Middleton Grange School (Decile 9), among others. This ensures access to quality education is right at your doorstep.

With its prime location, low-maintenance living, and strong CV growth potential, this property is a gold medal choice for any discerning buyer.

Updated on October 16, 2024