1/129 Springfield Road, Saint Albans, Christchurch

Nestled at 1/129 Springfield Road, St Albans, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1970 with concrete walls and tiled roof, the property sits on a level contour with average wall and roof conditions. It's a unit title with a floor area of 80 square meters, offering a blend of opportunity and convenience for first-time buyers, downsizers, or investors. The capital value has seen a significant increase from $330,000 in 2019 to $465,000 in 2022, a growth rate of 40.91%. The latest sale was in 2006 for $250,000, showcasing the property's consistent value appreciation.

As for the property's valuation, the HouGarden AVM estimates it at $445,000. The government's capital value increase reflects a promising investment opportunity. The property's appeal is further enhanced by its location in a desirable school zone, with Burnside High School, Christ the King School, Heaton Normal Intermediate, and others offering high-quality education. The unit's private setting, secure parking, and charming courtyard make it an attractive option for those seeking a balanced lifestyle.

With a stone's throw away from amenities and excellent public transport, this property is not only a comfortable home but also a wise investment. The deadline sale has been brought forward to 24/09/2024 at 4 pm, presenting a time-sensitive chance to secure a slice of real estate in the heart of St Albans.

Updated on October 10, 2024