Nestled in the heart of Christchurch Central at 2/36 Aberdeen Street, this residential ownership home unit boasts a freehold title and a contemporary design, completed in 2022. The property features 2 bedrooms, each with its own bathroom, and a single bathroom, set on a level contour with a floor area of 88 square meters and a land area of 77 square meters. The Malthoid walls and Iron roof are both in good condition, while the north-facing aspect ensures a private and sunny outdoor space, perfect for low-maintenance living with a shed for additional storage.
As for the financials, the property has seen a CV increase of 25.24% from $515,000 in 2019 to $645,000 as of August 2022. The HouGarden AVM estimates the value at $602,500, and the latest sale was recorded on January 18, 2021, at $530,000. This presents a promising investment opportunity with a current rental appraisal indicating a potential return of between $540 and $580 per week.
Educationally, the property falls within the catchment area of several well-regarded schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8), among others. This makes it an ideal choice for families looking to settle in a quality school zone.
Updated on July 16, 2024