Nestled in the serene Saint Albans, Christchurch, this well-presented two-bedroom apartment at C4/101 Caledonian Road boasts an open plan living/dining room, sunny balcony, and comes fully furnished. Constructed in 2013 with concrete walls and an iron roof, both in good condition, this Unit Title property offers a floor area of 66 square meters and allocated parking for two cars. The capital value has seen a significant increase of 48.21% from $280,000 in 2019 to $415,000 as of 2022, with a HouGarden AVM estimate of $402,500. The latest sale was recorded at $427,000 in 2024, showcasing a steady growth in property value.
With a prime location, the property falls within the catchment area of esteemed schools such as Burnside High School (Decile 8), Heaton Normal Intermediate (Decile 9), Christchurch Boys' and Girls' High Schools (Deciles 10 and 9 respectively), Middleton Grange School, and more. This not only adds to the convenience but also enhances the property's long-term value.
Whether you're looking for a comfortable home or a sound investment, this apartment, with its desirable school zones and promising CV growth, presents an opportunity not to be missed.
Updated on July 26, 2024