10/55 Parade Court, Addington, Christchurch

Nestled in the serene Parade Court community, this charming over 60's unit, with 2 bedrooms, 1 bathroom, and a single carpark, presents an ideal opportunity for those seeking to downsize. Constructed in 1999, the property boasts a roughcast exterior, iron roof, and a level contour, all in good condition. It is situated on a cross-lease ownership in a convenient location, with easy access to Christchurch's amenities. The capital value has seen a significant increase of 41%, from $305,000 in 2019 to $430,000 as of 2022, reflecting a robust investment potential. The latest sale was in 2016 for $305,000, while the HouGarden AVM estimates the property at $422,500.

With a CV growth rate that outpaces the market average, this property is not just a home but a sound investment. The property's appeal is further enhanced by its proximity to top-rated schools such as Villa Maria College (Decile 9) and Middleton Grange School (Decile 9), ensuring a quality education for the family.

Enjoy the privacy of a quiet cul-de-sac, while being just a stone's throw away from Addington Raceway and the Apollo Projects Stadium. This is a chance to secure a slice of prime real estate in Christchurch's sought-after school zones.

Updated on August 13, 2024