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2/88 Mathesons Road, Phillipstown, Canterbury, 5 Bedrooms, 2 Bathrooms, Home & Income
Sun Jul 7 13:15-13:45
New

Priced by negotiation

2/88 Mathesons Road, Phillipstown, Canterbury

5
2
2
188m2
Home & IncomeListed on Tue Jul 2

Phillipstown 5 Bedroom Could This Be Your Cash Cow?

* To download the Information Pack, copy and paste the URL into your web browser http://www.propertyfiles.co.nz/property/MVE7744

Situated conveniently close to the city, this property delivers affordable living for a large family or represents an outstanding investment which the savvy investor will instantly recognise.

Offering an oversized double garage and convenient low maintenance townhouse living, this property stands out from the rest due to the size on offer.

With 5 bedrooms, two bathrooms and a double internal access garage it really is one out of the box!

Downstairs the kitchen blends into a spacious lounge which opens into a north facing and secure courtyard. There is a study nook and a downstairs W/C for further convenience. A heat pump and double glazing provide warmth and comfort throughout.

Located behind an electric security gate, the home is situated on a quiet tree lined street with easy access to the central city and the close proximity to upcoming Te Kaha Stadium which will only underpin your investment here into the future. You also have the option of purchasing fully furnished so however you look at it, this property makes smart $$ sense or extended family living!

The owner originally built it as overflow accommodation for his 5 star hotel to accommodate large groups, it has been a fruitful investment providing some outstanding returns, but with new ventures on the horizon they are cashing up and committed to selling on or before the Deadline.

Don't miss this one, there may not be another like it!

Please be aware that this information may have been sourced from REINZ/Property Smarts/Land Information New Zealand/ The relevant local authority/Cera and we have not been able to verify the accuracy of the same.

Location

Open homes

Jul07
Sunday13:15 - 13:45

Council Data

Last update : 2024 07 03
Improvement value$335,000Increased by 9% from year 2019
Land value$245,000Increased by 81% from year 2019
CV(Year 2022 Month 08)$580,000Increased by 31% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area188m²
Floor area148m²
Decade of construction2005
Title181772
Type of titleFreehold
Legal descriptionLOT 2 DP 344292
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 344292,188m2
ConstructionExternal Walls: Roughcast Roof: Iron
ConditionExternal Walls: Good Roof: Good
ZoningResidential Medium Density

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Aratai College
0.53 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Linwood Avenue School
1.13 km
Primary
1-6
Government
Co-Educational
EQI: 511
2
Marian College
1.23 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Waka Unua School
1.38 km
Primary
1-8
Government
Co-Educational
EQI: 512
2
Hillview Christian School
2.23 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Te Puna Wai o Waipapa - Hagley College
3.07 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Adventist School
5.78 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
6.81 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential Medium Density
Land:188m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.03 km
3
148m2
Year 2024 Month 05 Day 14
$570,000
Council approved
0.18 km
2
1
66m2
Year 2024 Month 03 Day 31
$470,000
Council approved
0.12 km
3
145m2
Year 2024 Month 03 Day 28
$554,000
Council approved
91 Olliviers Road
0.12 km
3
1
124m2
Year 2024 Month 02 Day 08
$355,000
Council approved
0.17 km
2
1
87m2
Year 2024 Month 02 Day 02
$500,000
Council approved

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Ref:MVE7744Last update:2024-07-05 13:00:35