Located at 42 Collins Street, Addington, Christchurch, this residential property boasts 2 bedrooms, 1 bathroom, and 1 carpark, covering a floor area of 70 square meters on a 75 square meter freehold land. Constructed in 1970 with concrete walls and an iron roof, both in good condition, this home sits on a level contour, categorized under Residential - Ownership home units.
The property has seen a steady increase in value, with a capital value of $390,000 as of August 2022. The HouGarden AVM estimates its value at $382,500, while the latest sale on June 8, 2023, reached $470,000, indicating a significant capital value growth.
It is well-positioned within excellent school zones, including Villa Maria College (Secondary, decile 9), St Thomas of Canterbury College (Secondary, decile 8), Middleton Grange School (Composite, decile 9), and several others, catering to a wide range of educational needs from intermediate to secondary levels, with deciles ranging from 3 to 9.