7/265 Fitzgerald Avenue, Christchurch Central, Christchurch

Located at 7/265 Fitzgerald Avenue, Christchurch Central, this residential apartment offers a blend of comfort and convenience in the heart of the city. The property features two bedrooms, one bathroom, and one carpark, with a floor area of 60m². Constructed in 1970, the building boasts concrete walls in good condition and an iron roof also in good condition. It sits on a level contour with a Unit Title ownership type, emphasizing its suitability for easy-care living. The apartment is distinguished by its practical layout, including an open-plan living/kitchen area on the ground floor, a combined bathroom/laundry, and two double bedrooms upstairs, the main bedroom featuring a sunlit balcony.

Over the years, the capital value (CV) of this property has seen significant growth, from $215,000 in August 2019 to $350,000 in August 2022, marking a 62.79% increase. The latest HouGarden AVM estimates the property's value at $335,000. Historical sales data reveals a steady appreciation in value, with sales recorded at $193,000 in February 2008 and $208,000 in February 2014. This upward trend underscores the property's investment potential in a vibrant urban setting.

The apartment is strategically positioned within desirable school zones, offering access to a range of educational institutions including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School with decile ratings of 7 and 5 respectively, among others. This location ensures residents benefit from both the conveniences of city living and the advantages of quality education.

Updated on April 05, 2024.