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101/242 Manchester Street, Christchurch Central, Christchurch, 2 Bedrooms, 0 Bathrooms, Unit

Sold: $795,000

Sold on 2024 Year 2024 Month 06 Day 25

101/242 Manchester Street, Christchurch Central, Christchurch

2
113m2

Nestled on the northern banks of the Avon River, within the Cambridge Quarter of Christchurch Central, lies a Residential - Ownership home unit at 101/242 Manchester Street. This 2-bedroom apartment, built in 2024 with mixed materials for the walls and iron for the roof, is in a good condition both inside and out. It boasts an open plan kitchen and living spaces, with high-wall heat pumps and mechanical ventilation systems for comfort. The master bedroom is complete with an en-suite, and the entire unit is finished with premium fixtures and fittings, engineered wood flooring, and woollen carpet. With a floor area of 113 square meters and a level contour, this unit title property is complemented by a HouGarden AVM of $800,000 and a recent sale on June 25, 2024, for $795,000. The government's capital value has increased to $820,000, showcasing a promising growth trend.

As for the property's valuation history, the capital value has seen a significant upswing, indicating a lucrative investment opportunity. The latest sale history further validates the property's appeal, with a consistent pattern of sales in previous years. This unit presents a capital value growth percentage that is sure to catch the eye of discerning investors.

In terms of education, this property falls within a highly sought-after school zone. The nearby schools are known for their high decile ratings, offering an excellent educational environment for families. The combination of a prime location, modern amenities, and access to quality education makes this the perfect blend of convenience and comfort.

Updated on August 07, 2024

Council Data

Last update : 2024 12 11
Improvement value$475,000
Land value$345,000
CV(Year 2022 Month 08)$820,000
View typeNo appreciable view
ContourLevel
Floor area113m²
Decade of construction2024
Title1142671
Type of titleUnit Title
Legal descriptionUNIT 7 DP 593135 ON LOT 1 DP 561786 HAVING SHARE IN 4581 M2
CouncilChristchurch
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 07 DEPOSITED PLAN 593135 AND ACCESSORY UNIT 43 DEPOSITED PLAN 593135
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningCommercial Central City Mixed Use

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Mary's School (Christchurch)
0.44 km
Primary
1-8
Government
Co-Educational
EQI: 408
4
Christchurch East School
0.74 km
Primary
1-8
Government
Co-Educational
EQI: 467
3
Catholic Cathedral College
1.29 km
Secondary
7-15
Government
Co-Educational
EQI: 456
4
Marian College
1.41 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
1.76 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
St Albans School
2.09 km
Primary
1-6
Government
Co-Educational
EQI: 416
8
Pareawa Banks Avenue School
2.27 km
Primary
1-6
Government
Co-Educational
EQI: 463
4
Christchurch Girls' High School -Te Kura o Hine Waiora
2.32 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 411
9
St Albans Catholic School (Christchurch)
2.39 km
Primary
1-6
Government
Co-Educational
EQI: 401
9
Shirley Primary School
2.40 km
Primary
1-6
Government
Co-Educational
EQI: 484
3

Property history

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For developers

Unitary plan:Commercial Central City Mixed Use
Land:-
Title:Unit Title

Surrounding facilities

Manchester Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.16 km
3
2
120m2
Year 2024 Month 10 Day 31
$1,210,000
Council approved
0.15 km
3
137m2
Year 2024 Month 10 Day 23
$830,000
Council approved
0.03 km
1
1
54m2
Year 2024 Month 08 Day 30
$490,000
Council approved
7/243 Cambridge Terrace, Christchurch Central
0.05 km
2
2
-m2
Year 2024 Month 08 Day 30
-
Council approved
251 Cambridge Terrace, Christchurch Central
0.04 km
4
211m2
Year 2024 Month 08 Day 05
$1,780,000
Council approved

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