Nestled in a serene cul-de-sac at 10/9 Marcroft Street, Woolston, Christchurch, this 2023-built townhouse boasts a freehold title and a well-maintained mix of wall materials with an iron roof. The 2-bedroom, 1-bathroom unit spans a floor area of 71 square meters on a level plot of 108 square meters. It includes a carpark and features modern amenities like a heat pump and double glazing. The property's capital value stands at $590,000, with a HouGarden AVM estimate of $592,500, reflecting a promising investment opportunity. The latest sale was recorded on October 3, 2022, at $569,000, indicating a significant growth potential.
With a capital value increase that speaks volumes, this property is not just a home but a smart investment. It's currently tenanted, generating a healthy rental income of $530pw, and is compliant with healthy homes standards. The open plan living area extends to a private, sunny deck, enhancing the appeal of this already attractively priced property below its capital value.
For families, the property falls within a desirable school zone. It is served by Middleton Grange School (Decile 9), Linwood Avenue School (Decile 2), Hillview Christian School (Decile 7), and others, offering a range of educational options. Close to Eastgate mall, Te Poe Toetoe Linwood Pool, and accessible to main transport routes, this property is not just a home, but a part of a thriving community.
Updated on September 03, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 3 | 1 | 90m2 | Year 2024 Month 12 Day 04 | $550,000 | Council approved | |
0.20 km | 2 | 1 | 84m2 | Year 2024 Month 10 Day 21 | $499,000 | Council approved | ||
 | 0.19 km | 3 | 1 | 120m2 | Year 2024 Month 09 Day 05 | $598,500 | Council approved | |
 | 0.31 km | 3 | 1 | 110m2 | Year 2024 Month 08 Day 13 | $389,370 | Council approved | |
 | 0.16 km | 2 | 1 | -m2 | Year 2024 Month 08 Day 05 | - | Council approved |