Nestled in the serene cul-de-sac of Olliviers Road, this newly constructed 2-bedroom, 1-bathroom unit with a single car park is an exemplar of modern living. The 66sqm floor area is complemented by a 112sqm level land, offering a freehold title. The exterior boasts mixed materials and an iron roof in good condition, while the interior is designed for optimal living with a $5000 blinds and fridge/freezer package included. The property, valued at $520,000 according to the latest government valuation, has seen a rapid increase in capital value. The HouGarden AVM estimates it at $485,000, reflecting a potential growth opportunity. This unit is move-in ready, with titles issued and a shed for e-bikes or electric cars, all set in a sunny north-west facing location.
History shows a promising trend with the capital value rising over the years, and recent sales in the area support the growth percentage. This unit is priced to sell at $479,000, offering an unbeatable value in Christchurch's high-growth suburb of Phillipstown, conveniently located near the CBD.
For families, the school zone is a significant plus. The local schools boast high decile ratings, ensuring quality education for children. This property not only promises comfort and convenience but also a smart investment in a sought-after area.
Updated on July 15, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.18 km | 3 | 1 | 83m2 | Year 2024 Month 11 Day 21 | $550,000 | Council approved | ||
0.19 km | 2 | 1 | 82m2 | Year 2024 Month 10 Day 26 | $541,000 | Council approved | ||
 | 0.28 km | 2 | 1 | 70m2 | Year 2024 Month 09 Day 09 | $400,000 | Council approved | |
 | 0.14 km | 2 | 1 | 90m2 | Year 2024 Month 09 Day 03 | - | Council approved | |
 | 0.14 km | 4 | 2 | 211m2 | Year 2024 Month 08 Day 14 | $740,000 | Council approved |