2/44 Alexandra Street, Richmond, Christchurch

Nestled securely in a tranquil cul-de-sac at 2/44 Alexandra Street, Richmond, Christchurch, this charming 2-bedroom, 1-bathroom home with a single carpark presents an inviting opportunity. Constructed in 1979 with a mix of materials for the walls and iron for the roof, both in good condition, the property sits on a level contour and is offered under the Cross-Lease ownership type. The capital value has seen a remarkable increase of 59.57% from $235,000 in 2019 to $375,000 as of 2022, reflecting a sound investment. The property, with an 80sqm floor area, is equipped with a cozy heat pump and enjoys a private courtyard, making it ideal for relaxation or summer entertainment.

With a HouGarden AVM of $372,500, the property has a history of solid value appreciation. The recent sale history and the government's valuation provide a clear indicator of the property's rising worth, making it an attractive prospect for potential buyers. The property's convenient location is further enhanced by its proximity to a range of schools, including Middleton Grange School (Decile 9) and Hillview Christian School (Decile 7), among others, all within an esteemed school zone.

For families with educational considerations, the property falls within the catchment area of several well-regarded schools. In addition to Middleton Grange and Hillview Christian, Shirley Intermediate, Banks Avenue School, Christchurch Adventist School, Mairehau High School, Christchurch East School, Hagley Community College, and Marian College are all within reach. This offers a variety of educational options for children of different ages and academic stages.

Updated on December 02, 2024