Nestled in the serene cul-de-sac of Bordesley Street, this well-appointed 2-bedroom unit with 1 bathroom and a single carpark is a gem in the heart of Phillipstown, Christchurch. Constructed in 1977 with concrete walls and tiled roof, both in good condition, this cross-lease property offers a comfortable 90 square meters of floor area. The capital value has seen a significant increase from $220,000 in August 2019 to $365,000 in August 2022, reflecting a growth of 65.91%. The property is complemented by air conditioning and a heat pump for year-round comfort, and an attached garage for secure parking and storage.
With a HouGarden AVM of $367,500 and a latest sale history of $222,000 in 2017, this property presents a sound investment. The government valuation history and the latest sale in 2013 at $150,000 further showcase the consistent capital value appreciation. This unit is perfect for those seeking an affordable entry into the property market.
For families with children, the property falls within the catchment area of several schools, including Middleton Grange School (Decile 9), Linwood Avenue School (Decile 2), Te Waka Unua School (Decile 2), and more. This offers a range of educational options for different age groups, ensuring a quality education for your children.
Updated on September 03, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 4 | 2 | 211m2 | Year 2024 Month 08 Day 14 | $740,000 | Council approved | |
 | 0.31 km | 3 | 1 | 110m2 | Year 2024 Month 08 Day 13 | $389,370 | Council approved | |
 | 0.21 km | 2 | 1 | 65m2 | Year 2024 Month 07 Day 15 | - | Council approved | |
0.26 km | 3 | 138m2 | Year 2024 Month 07 Day 10 | $265,000 | Council approved | |||
 | 0.34 km | 2 | 1 | 60m2 | Year 2024 Month 07 Day 08 | - | Council approved |