1/110 Caledonian Road, Saint Albans, Christchurch

Nestled in the heart of Saint Albans, Christchurch, at 1/110 Caledonian Road, this delightful 2-bedroom, 1-bathroom townhouse with a single carpark presents an ideal opportunity for homeowners and investors alike. Constructed in 1976 with concrete walls and tiled roofing, this cross-lease property sits on a level contour with an average wall and roof condition. It boasts a floor area of 70 square meters, and its north-facing open-plan living area is equipped with a heat pump for year-round comfort. The fully fenced yard offers a private outdoor space for entertainment or gardening.

As for the property's financials, the capital value has seen a significant increase from $320,000 in 2019 to $470,000 as of 2022, reflecting a growth of 46.875%. The HouGarden AVM estimates the property at $465,000, while the latest sale was recorded in 2018 for $299,000. These figures highlight the property's investment potential.

Education-wise, the property falls within the zones of highly regarded schools such as Christchurch Girls' High School, Christchurch Boys' High School, and Burnside High School, all with deciles ranging from 8 to 10. Other schools in the area include Heaton Normal Intermediate, Middleton Grange School, and St Albans School, making this an attractive prospect for families with school-aged children. Located in a quiet cul-de-sac, the property is also conveniently close to shopping malls, supermarkets, cafes, and public transport, ensuring a comfortable lifestyle.

Updated on November 25, 2024