282 Madras Street, Christchurch Central, Christchurch

Nestled in the heart of Christchurch Central, this 2-bedroom, 1-bathroom unit with a single carpark presents an attractive opportunity. Constructed in 2016 with concrete walls and an iron roof, both in good condition, this Unit Title property boasts a floor area of 70sqm. The property is located in a prime inner city location, with views of the Avon River and proximity to key city landmarks. Notably, the Capital Value (CV) has seen a rapid increase of 26.89% from $465,000 in 2019 to $590,000 as of 2022. The latest sale was recorded at $616,000, highlighting the property's investment potential.

Estimated by HouGarden AVM at $582,500, this property is not only a sound investment but also ideal for family living. It falls within the catchment area of several schools, including Middleton Grange School (Decile 9) and Marian College (Decile 8), ensuring quality education for the family. Other schools in the zone are known for their high standards, further enhancing the appeal of this property.

With a private courtyard and a south aspect, this ground floor apartment is not only comfortable but also convenient. It's a perfect blend of modern living and a thriving community, making it an executive choice for those seeking a slice of the future in Christchurch's inner city.

Updated on November 06, 2024