1/7 Rachel Place, Avonhead, Christchurch

Nestled in the serene Rachel Place, this charming townhouse boasts 2 bedrooms, a modern kitchen, and an expansive open plan living area, perfect for entertainment. Constructed in 1976 with concrete walls and tiled roof, this unit title property is in good condition both inside and out. The capital value has seen a significant increase of 43.5%, jumping from $425,000 in 2019 to the current $610,000. The property also includes a carpark and a floor area of approximately 160m2. The latest sale was recorded at $529,000 in 2021, with the HouGarden AVM estimating the property's worth at $582,500.

When it comes to education, the property falls within the zones of esteemed institutions such as Avonhead School, Villa Maria College, and St Thomas of Canterbury College, all known for their high decile ratings. This makes the property an attractive option for families with school-aged children.

Set in a quiet cul-de-sac, the location offers convenience with easy access to shopping amenities, public transport, and is just a short commute to the city and airport. With its impressive CV growth and prime educational zones, this townhouse is not just a home but a sound investment for the future.

Updated on April 18, 2024