Nestled in the heart of Saint Albans, Christchurch, this charming 3-bedroom, 1-bathroom residential unit at 477c Manchester Street is a freehold property that has seen a significant jump in its capital value. Constructed in 2013 with a mix of materials for the walls and iron for the roof, this home is in a good condition both inside and out. The property boasts a floor area of 130 square meters and is set on a level contour with a land area of 133 square meters, complete with a single carpark and a private courtyard ideal for entertainment or relaxation. The north-facing aspect ensures an abundance of natural light throughout the day. Notably, the property is equipped with modern amenities such as a heat pump and double glazing, offering both comfort and energy efficiency.
As per the government's valuation, the capital value has surged by 57.41% from $540,000 in August 2019 to $850,000 in August 2022. The HouGarden AVM estimates the property's worth at $830,000, while the latest sale history shows a progression from $434,000 in 2013 to $555,000 in 2018, indicating a promising investment opportunity.
For families with children, the property falls within the catchment area of several high-performing schools. These include Heaton Normal Intermediate and Middleton Grange School, both with a decile rating of 9, as well as Emmanuel Christian School, St Albans School, and Marian College, with decile ratings of 8. Other educational institutions in the vicinity include Christchurch Adventist School, Mairehau High School, and Hagley Community College, making this an ideal location for families with diverse educational needs.
Updated on August 02, 2024