Nestled in the serene Bishop Street of Saint Albans, Christchurch, this 2-bedroom, 1-bathroom unit with 2 carparks presents an enticing opportunity for investors and owner-occupiers alike. Constructed in 1986 with iron roofing and concrete walls in good condition, this cross-lease property offers a comfortable living space of 70 square meters. The capital value has seen a remarkable growth of 47.46% from $295,000 in 2019 to $435,000 in 2022. The property, valued at $417,500 by HouGarden AVM, also boasts a recent sale history with a sale price of $280,000 in 2024 and $110,000 in 2003.
With a level contour and a courtyard garden, it's perfect for an easy-care lifestyle with a touch of greenery. The unit is complemented by a single garage and an EQC settlement of $14,071.49 for the purchaser's benefit. It's strategically located, providing convenient access to the CBD, new cafes/restaurants, and the medical precinct.
For families with school-going children, the property falls within the catchment area of highly-rated schools such as Heaton Normal Intermediate and Middleton Grange School, both with a decile rating of 9. Other notable schools in the zone include Emmanuel Christian School, St Albans School, and Marian College, ensuring a quality education for all ages.
Updated on April 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 3 | 2 | -m2 | Year 2024 Month 12 Day 03 | $796,000 | Council approved | |
 | 0.07 km | 2 | 2 | 117m2 | Year 2024 Month 11 Day 20 | - | Council approved | |
 | 0.04 km | 3 | 2 | 140m2 | Year 2024 Month 10 Day 24 | $760,000 | Council approved | |
 | 0.00 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 16 | - | Council approved | |
 | 0.10 km | 1 | 1 | 60m2 | Year 2024 Month 07 Day 18 | $473,000 | Council approved |