Nestled in the serene Alvaston Drive, this freehold townhouse boasts 2 bedrooms, 2 carparks, and a sprawling 126sqm floor area. Constructed in 1980 with robust brick walls and tiled roofing, the property stands in good condition both inside and out. The capital value has seen a remarkable increase from $410,000 in 2019 to $590,000 in 2022, reflecting a growth rate of 43.90%. The townhouse is situated on a levelled 330m2 land, in a quiet cul-de-sac of the popular Halswell neighborhood in Christchurch.
With a HouGarden AVM of $592,500 and a latest sale record in 2014 at $410,000, this property presents a sound investment opportunity. The government valuation history and the AVM indicate a consistent rise in the property's worth. The townhouse is perfect for those who appreciate space and practicality, with a kitchen that offers ample bench and pantry space, and a conservatory that opens up to a private garden.
For families with school-aged children, the property falls within the zones of several high-performing schools, including Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Middleton Grange School (Decile 9). This makes it an ideal choice for those seeking quality education in a desirable location.
Updated on September 25, 2024