1/418 Manchester Street, Saint Albans, Christchurch

Nestled at 1/418 Manchester Street, Saint Albans, Christchurch, this modern townhouse on a freehold title boasts a capital value increase of 46% since 2019. It features 2 bedrooms, 1 bathroom, a single car park, and a floor area of 80sqm on a level contour site of 145sqm. Constructed in 2021 with mixed materials for the walls and iron for the roof, both in good condition, this residence offers an easy, low-maintenance lifestyle. The property is valued at $670,000 according to the latest government valuation and $640,000 by HouGarden AVM, presenting a savvy investment opportunity. The heat pump, private courtyard, and garden shed enhance the appeal, while the location provides easy access to the city center and Edgeware Village.

With a history of rapid capital value growth, this property has seen its CV jump from $460,000 in 2019 to its current value. The recent sale history and AVM reflect a consistent and promising trend in the property's worth. Whether you're looking for a comfortable home or a sound investment, this property holds significant potential.

For families, the property falls within the catchment of several high-performing schools, including Heaton Normal Intermediate and Middleton Grange School, both with a decile rating of 9. Other schools in the area include Emmanuel Christian School, Christchurch Adventist School, Mairehau High School, St Albans School, Hagley Community College, and Marian College, offering a range of educational options for all ages.

Updated on October 10, 2024