Nestled in the heart of Christchurch Central at 118 Salisbury Street, this residential apartment complex boasts a modern design, built in 2021 with a mix of materials for the walls and iron for the roof. The 75 square meter floor area is home to 2 bedrooms, 1 bathroom, and a single car park. The property is under a Unit Title and features a level contour with a good wall and roof condition.
As per the latest assessment, the capital value has shown a steady increase, rising from $560,000 in August 2019 to $600,000 in August 2021, indicating a growth rate of 7.14%. The HouGarden AVM estimates the property's value at $572,500. Notably, the latest sale was recorded on February 25, 2024, at $597,000, following a previous sale on December 18, 2018, at $562,250.
For families with school-aged children, the property falls within a highly regarded school zone. The nearby schools include Burnside High School (Decile 8), Heaton Normal Intermediate (Decile 9), Christchurch Boys' and Girls' High Schools (Deciles 10 and 9 respectively), Elmwood Normal School (Decile 10), Middleton Grange School (Years 11 - 13, Decile 9), Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Marian College (Decile 8).
Updated on April 10, 2024