5/27 Packe Street, Edgeware, Christchurch

Nestled in the serene Edgeware, Christchurch, this charming 2-bedroom, 1-bathroom townhouse with a single car park is a perfect blend of modern comfort and convenient living. Constructed in 1980 with a robust fibrous cement exterior and a reliable iron roof, this cross-lease property stands on a level contour, maintaining a good wall and roof condition. The floor area spans a cozy 70 square meters, ideal for a contemporary family. The property has seen a remarkable Capital Value (CV) increase of 46.77%, jumping from $310,000 in 2019 to $455,000 as of August 2022. HouGarden AVM estimates the property's value at $437,500, while the latest sales in 2023 and 2024 reflect a strong market interest, with prices of $290,000 and $440,000 respectively.

For families with school-aged children, the property falls within a desirable school zone. Notable institutions include Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Marian College (Decile 8), among others, catering to various educational needs and levels. This townhouse not only promises convenience with its proximity to Edgeware Village, Merivale Mall, and the CBD but also offers an easy-care lifestyle with a separate laundry and ample storage in the single car garage.

Don't let this opportunity slip by; embrace the benefits of this property's prime location and increasing value.

Updated on May 01, 2024