1/39 Solomon Avenue, Redwood, Christchurch

Nestled in the serene Solomon Avenue, this 1987-built townhouse with a brick exterior and tiled roof presents an attractive opportunity on a cross-lease title. Offering 3 bedrooms, a full family bathroom, and a single carpark, this 110sqm residence boasts a well-maintained condition both inside and out. The capital value has seen a significant increase of 47%, jumping from $375,000 in 2019 to $550,000 as of 2022. The HouGarden AVM estimates it at $505,000, while the latest sale history records a price of $590,000 in 2021.

With a CV growth that outpaces the market average, this property is not just a home but a sound investment. It is located in a quiet cul-de-sac, adjacent to the Redwood School grounds, and is within the catchment area of several high-decile institutions, including Christ the King School and Villa Maria College. The school network is a highlight, with a range of options catering to different educational levels, all within easy reach.

Whether you're looking for a starter home, seeking to downsize, or interested in a rental property, this residence is perfectly positioned to enjoy the benefits of a peaceful neighborhood, while being close to amenities, parks, and highly-rated educational facilities.

Updated on December 10, 2024