Nestled in the heart of Christchurch Central at 2/263 Gloucester Street, this modern residential unit boasts 2 bedrooms, 1 bathroom, and spans across a floor area of 89 square meters on a 64 square meter land parcel. With its freehold ownership type, the property features mixed materials for its walls and an iron roof, both in good condition. Built in 2021, it sits on level ground, making it a contemporary choice for homeowners.
Since its last government valuation in August 2018 at $475,000, the property has seen a significant capital value increase of approximately 34.74%, reaching $640,000 by August 2021. The HouGarden AVM estimates its value at $612,500. The property's sale history includes a recent transaction on January 26, 2024, for $545,000, following a previous sale on November 16, 2020, for $520,000, showcasing a steady appreciation in its market value.
Located within a desirable school zone, the property offers 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 makes it an ideal location for families prioritizing quality education.
Updated on April 06, 2024.