Nestled in the desirable Edgeware neighborhood, this 2-bedroom, 1-bathroom residence with a single carpark presents an alluring opportunity. Constructed in 2017 with a brick exterior and iron roof, the property stands on a level contour, exuding a sense of solidity and modernity. The 69 square meter floor area is enhanced by a well-designed layout that floods the living spaces with natural light. This cross-lease property at 2/159 Edgeware Road is not only conveniently located but also boasts a government capital value (CV) that has seen a remarkable increase of 51.35% from $370,000 in 2019 to $560,000 in 2022. The HouGarden AVM estimates the property's worth at $562,500, while the latest sale history shows a sale price of $500,000 in 2024 and $200,000 in 2014, indicating a steady growth in value.
For families with school-aged children, the property falls within a highly regarded school zone. Middleton Grange School, a composite school with a decile rating of 9, is one of the many excellent educational institutions in the area. Others include Emmanuel Christian School, Shirley Intermediate, Christchurch Adventist School, Mairehau High School, St Albans School, Hagley Community College, and Marian College, all offering a range of educational options for different age groups.
Whether you're seeking a comfortable family home or a sound investment, this property in a quiet cul-de-sac is a prime choice, offering easy access to the city center and the vibrant Edgeware Village, where life's amenities are just a short stroll away.
Updated on September 11, 2024