5/88 Antigua Street, Addington, Christchurch

This charming city fringe townhouse located at 5/88 Antigua Street, Addington, Christchurch, is an ideal opportunity for first-time homebuyers and savvy investors alike. Featuring two bedrooms, one bathroom, and a single garage across a floor area of 97 square meters, this property promises a comfortable and low-maintenance lifestyle. Constructed in 1990 with concrete walls and an iron roof, both in good condition, it stands on a level contour under a Cross-Lease ownership type. The townhouse's durable tilt slab materials and a heat pump for year-round comfort, combined with an open plan kitchen and living space that flows outdoors, make it a standout choice for those seeking convenience and durability.

Over the years, the capital value of this property has seen significant growth, from $350,000 in August 2019 to $530,000 in August 2022, marking a 51.43% increase. The latest HouGarden AVM estimates its value at $510,000. Its sale history reveals a steady appreciation, with transactions recorded at $176,000 in November 2004 and $330,000 in September 2016. This trend underscores the property's solid investment potential and its appeal in the market.

Education is a key aspect of this property's appeal, with access to a range of schools catering to various educational needs. It falls within the zones of Middleton Grange School (decile 9), Hillmorton High School (decile 4), Christchurch South Karamata Intermediate (decile 8), Addington School (decile 3), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), and Marian College (decile 8). These options provide excellent educational opportunities for families looking to settle in the area.

Updated on April 06, 2024.