2/74 Canon Street, Saint Albans, Christchurch

Nestled in the serene Saint Albans, Christchurch, at 2/74 Canon Street, this residential ownership home unit boasts a prime location close to Edgeware Village and the City Centre. Constructed in 1998 with a level contour, the property features roughcast walls in good condition and an iron roof that's also well-maintained. It offers 3 bedrooms, a bathroom, and a downstairs powder room, complemented by a sun-drenched living area with an east-west orientation. The property includes double internal garaging and 2 carparks, all on a freehold cross-lease title. Notably, the capital value has surged by 44.44% from $450,000 in August 2019 to $650,000 in August 2022, while the HouGarden AVM estimates it at $632,500. The latest sale history includes transactions in 2017 for $395,000 and in 2000 for $190,000.

For families, the property falls within a highly regarded school zone, including Heaton Normal Intermediate and Middleton Grange School, both with a decile rating of 9. Other schools in the area include Emmanuel Christian School, Christchurch Adventist School, Mairehau High School, St Albans School, Hagley Community College, and Marian College, catering to various educational needs and levels.

With a rental assessment of $620-660 per week, this property is perfect for first homeowners, singles, or couples looking for a great city pad or a lock-and-leave investment. The newly renovated kitchen, bathroom, and downstairs WC add to the appeal, as does the private, quiet rear site with outdoor entertaining on Kwila decking.

Updated on August 21, 2024