Embrace the opportunity to own a slice of prime real estate in the heart of Saint Albans, Christchurch. This delightful 2-bedroom unit at 4/59 Purchas Street, built in 1973, is set on a level contour with concrete walls and tiled roofing. It comes with a cross-lease title, a single bathroom, and a carpark. The property has seen a significant Capital Value (CV) increase of 46.77% over the past three years, jumping from $310,000 to $455,000. The HouGarden AVM estimates the property at $437,500, while the latest sales were recorded at $260,000 in 2013 and $225,000 in 2009. For families, the school network is a standout, with top-rated intermediate and secondary schools such as Heaton Normal Intermediate and Middleton Grange School within the zone.
With a CV growth that outpaces the market and a desirable school zone, this property is not just a home but a sound investment. The unit features a modern kitchen with appliances, a separate shower in the bathroom, and ample storage in the spacious bedrooms. A heat pump ensures year-round comfort, and a security camera provides additional peace of mind. Its convenient location, within walking distance to the city, makes it an ideal blend of comfort and connectivity.
Educational institutions like Emmanuel Christian School, St Albans School, and Marian College are also in close proximity, offering a range of schooling options. This unit is a must-see for those seeking a combination of quality living, investment potential, and access to some of the best schools in the area.
Updated on April 26, 2024
