3/127 Colombo Street, Sydenham, Christchurch City

Nestled in the heart of Sydenham, Christchurch, this modern and inviting three-bedroom townhouse with a cross-lease title presents an opportunity for comfortable living. Constructed in 1996 with brick walls and an iron roof, both in good condition, the property sits on a level contour and offers a floor area of 130 square meters, along with two car parks. The home has been recently renovated, ready for your immediate enjoyment, featuring a spacious living room with a cathedral ceiling, an open-plan kitchen with contemporary joinery and a new stone benchtop, and large windows that let in ample natural light.

With a capital value of $780,000 as of August 2022, the property has seen a 50% increase since August 2019, reflecting a growing investment potential. The HouGarden AVM estimates the property's value at $760,000, while the latest sale records from 2004 and 2003 indicate a significant appreciation in value. This townhouse not only promises financial growth but also offers a serene private garden, perfect for outdoor relaxation or social gatherings.

For families with children, the property falls within the catchment area of several high-performing schools, including Villa Maria College and St Thomas of Canterbury College, both secondary schools with a decile rating of 9 and 8 respectively. Other notable schools in the zone are Middleton Grange School, Cashmere High School, and Hillview Christian School, all of which contribute to a desirable educational environment. This townhouse combines stylish, modern living with the convenience of a prime location, making it an ideal choice for your new home.

Updated on July 19, 2024