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4/59 Purchas Street, Saint Albans, Christchurch, 2 Bedrooms, 1 Bathrooms, Unit

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 04 Day 25

4/59 Purchas Street, Saint Albans, Christchurch

2
1
70m2

Embrace the opportunity to own a slice of prime real estate in the heart of Saint Albans, Christchurch. This delightful 2-bedroom unit at 4/59 Purchas Street, built in 1973, is set on a level contour with concrete walls and tiled roofing. It comes with a cross-lease title, a single bathroom, and a carpark. The property has seen a significant Capital Value (CV) increase of 46.77% over the past three years, jumping from $310,000 to $455,000. The HouGarden AVM estimates the property at $437,500, while the latest sales were recorded at $260,000 in 2013 and $225,000 in 2009. For families, the school network is a standout, with top-rated intermediate and secondary schools such as Heaton Normal Intermediate and Middleton Grange School within the zone.

With a CV growth that outpaces the market and a desirable school zone, this property is not just a home but a sound investment. The unit features a modern kitchen with appliances, a separate shower in the bathroom, and ample storage in the spacious bedrooms. A heat pump ensures year-round comfort, and a security camera provides additional peace of mind. Its convenient location, within walking distance to the city, makes it an ideal blend of comfort and connectivity.

Educational institutions like Emmanuel Christian School, St Albans School, and Marian College are also in close proximity, offering a range of schooling options. This unit is a must-see for those seeking a combination of quality living, investment potential, and access to some of the best schools in the area.

Updated on April 26, 2024

Council Data

Last update : 2025 01 15
Improvement value$210,000Increased by 17% from year 2019
Land value$245,000Increased by 87% from year 2019
CV(Year 2022 Month 08)$455,000Increased by 46% from year 2019
View typeNo appreciable view
ContourLevel
Floor area70m²
Decade of construction1973
TitleCB12F/1093
Type of titleCross-Lease
Legal descriptionFLAT 4 DP 30854 ON LOT 2 DP 3126 HAVING SHARE IN 787 M2
CouncilChristchurch
Estate descriptionFSIM,1/4,LOT 2 DEPOSITED PLAN 3126,786m2
ConstructionExternal Walls: Concrete
Roof: Tiles
ConditionExternal Walls: Average
Roof: Average
ZoningResidential Medium Density

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Albans School
1.14 km
Primary
1-6
Government
Co-Educational
EQI: 416
8
Heaton Normal Intermediate
2.17 km
Secondary
7-8
Government
Co-Educational
EQI: 404
9
Marian College
2.38 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
2.53 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Mairehau High School
2.76 km
Secondary
9-15
Government
Co-Educational
EQI: 519
4
Christchurch Adventist School
3.14 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
5.51 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Emmanuel Christian School
6.06 km
Combined
1-10
Government
Co-Educational
EQI: 419
8

Property history

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For developers

Unitary plan:Residential Medium Density
Land:-
Title:Cross-Lease

Surrounding facilities

Purchas Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1/418 Manchester Street, Saint Albans
0.02 km
2
2
80m2
Year 2024 Month 10 Day 10
-
Council approved
477B Manchester Street, Saint Albans
0.06 km
3
2
-m2
Year 2024 Month 09 Day 26
-
Council approved
0.06 km
2
103m2
Year 2024 Month 08 Day 02
$670,000
Council approved
477c Manchester Street, Saint Albans
0.07 km
3
2
-m2
Year 2024 Month 08 Day 02
$685,000
Council approved
1/489 Manchester Street, Saint Albans
0.08 km
3
119m2
Year 2024 Month 07 Day 21
$730,000
Council approved

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