7/73 Fairfield Avenue, Addington, Christchurch

Nestled in the heart of Addington, Christchurch, this delightful 2-bedroom, 1-bathroom unit is a gem in a quiet cul-de-sac. Built in 1973 with solid concrete walls and an iron roof in good condition, this cross-lease property offers a comfortable 70 square meters of floor area. The property has undergone a transformation, featuring fresh paint and brand-new carpets, enhancing its appeal. It's ideally located minutes from the CBD, Barrington Mall, and motorway access. The living area is airy and light-filled, equipped with a heat pump and large windows. The separate kitchen is practical with an electric stove, oven, and ample storage. Both the master and minor bedrooms have built-in wardrobes and are conveniently accessed from a hallway with linen space, connecting to a bathroom with a washing machine, shower tub, and vanity. Other features include a covered car bay, electric hot water, and a fully fenced courtyard.

As for the property's financials, the capital value has seen a significant increase of 63.27% from $245,000 in 2019 to $400,000 as of August 2022. The HouGarden AVM estimates the property's value at $382,500. Notably, the latest sale history shows an upward trend, with a sale in 2020 at $275,000 and another in 2018 at $117,500. This property is not just a home but a sound investment.

For families with school-aged children, the property falls within the zone of several high-performing schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings of 9 and 8 respectively, Middleton Grange School with a decile of 9, and others. This makes it an ideal choice for those seeking quality education for their children.

Updated on October 30, 2024