Nestled in the serene cul-de-sac of Wrights Road, Addington, Christchurch, stands this well-appointed 3-bedroom standalone townhouse. Constructed in 1992 with robust brick walls and iron roofing, this residential gem on a cross-lease title boasts a floor area of 120 square meters and a single carpark. The property has been meticulously maintained, with both walls and roof in good condition, exuding warmth and comfort. Here, you embrace effortless living, minutes away from the Addington Raceway and the vibrant Lincoln Road entertainment precinct.
As for investment potential, the capital value has seen a remarkable increase of 45.21% from $365,000 in August 2019 to $530,000 in August 2022. The HouGarden AVM estimates the property's worth at $495,000, while the latest sale in May 2020 was for $389,000. This is a home that promises returns and convenience.
Education takes center stage with the property being zoned for top-rated schools. Villa Maria College and Middleton Grange School, both with a decile rating of 9, are within reach. St Thomas of Canterbury College, Te Kura o Mokihi Spreydon School, Hillmorton High School, Christchurch Adventist School, and Hagley Community College are also accessible, catering to various educational needs and preferences.
Updated on May 20, 2024
