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Sold: $575,000

Sold on 2024 Year 2024 Month 10 Day 12

5/112 Purchas Street, Edgeware, Christchurch

2
1
78m2
131m2

Nestled in the heart of Edgeware, Christchurch, at 5/112 Purchas Street, lies this exquisite, architecturally designed luxury townhouse. This freehold property, built in 2021, boasts 2 bedrooms, 1 bathroom, and 6 carparks, set on a level contour with a mix of wall materials and an iron roof, both in good condition. The townhouse features a spacious open plan kitchen, living, and dining area, with high specification finishes, including stone benchtops and polished concrete floors. The property's capital value has seen a rapid increase of 44.16% from $437,000 in 2019 to $630,000 in 2022, reflecting its growing desirability. The latest sale was recorded at $575,000 in 2024, with a HouGarden AVM estimate of $622,500.

For families, the property falls within a highly sought-after school zone, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and others, providing a range of educational options. The property's location is a quiet cul-de-sac, mere minutes from the city center, offering both convenience and tranquility.

With a downstairs heat pump and underfloor bathroom heating, along with a private, fenced outdoor courtyard, this townhouse is the epitome of modern luxury living. Each townhouse even comes with an allocated carpark featuring an electric car charging port, catering to a greener lifestyle. This property is not only an investment in real estate but also in a lifestyle that is both connected and serene.

Updated on November 20, 2024

Council Data

Last update : 2024 12 11
Improvement value$420,000Increased by 28% from year 2019
Land value$210,000Increased by 90% from year 2019
CV(Year 2022 Month 08)$630,000Increased by 44% from year 2019
View typeNo appreciable view
ContourLevel
Land area131m²
Floor area78m²
Decade of construction2021
Title1012462
Type of titleFreehold
Legal descriptionLOT 5 DP 566099
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 5 DEPOSITED PLAN 566099,131m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Medium Density

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Pareawa Banks Avenue School
1.45 km
Primary
1-6
Government
Co-Educational
EQI: 463
4
Te Oraka
1.85 km
Secondary
7-8
Government
Co-Educational
EQI: 514
4
Marian College
2.23 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
2.64 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Mairehau High School
2.80 km
Secondary
9-15
Government
Co-Educational
EQI: 519
4
Christchurch Adventist School
3.44 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
5.77 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Emmanuel Christian School
6.35 km
Combined
1-10
Government
Co-Educational
EQI: 419
8

Property history

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For developers

Unitary plan:Residential Medium Density
Land:131m²
Title:Freehold

Surrounding facilities

Purchas Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.13 km
2
1
70m2
Year 2024 Month 10 Day 22
$440,500
Council approved
3/444 Madras Street, Saint Albans
0.14 km
2
1
70m2
Year 2024 Month 09 Day 04
$445,000
Council approved
4/112 Purchas Street, Saint Albans
0.04 km
2
1
75m2
Year 2024 Month 08 Day 20
-
Council approved
5/444 Madras Street, Saint Albans
0.13 km
2
1
70m2
Year 2024 Month 06 Day 20
$400,000
Council approved
3/444 Madras Street, Saint Albans
0.10 km
2
1
70m2
Year 2024 Month 06 Day 20
$360,000
Council approved

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