450b Madras Street, Saint Albans, Christchurch

Nestled in the serene Saint Albans, Christchurch, at 450b Madras Street, this remarkable townhouse with a Unit Title ownership boasts a thoughtful design that prioritizes comfort and practicality. Constructed in 2003 with a Roughcast exterior and an Iron roof, the property is in average condition with a good roof, sitting on a level contour. It features 2 bedrooms, a single carpark, and a floor area of approximately 110m². The capital value has seen a significant increase from $420,000 in 2019 to the current $610,000, reflecting a growth of 45.24%. The latest sale was recorded at $605,000 in 2024, a substantial leap from the previous sale of $225,000 in 2003.

Valuation history shows a HouGarden AVM of $567,500, indicating a property that's both valuable and in demand. This townhouse stands out with its generous layout, extra car park, and attention to detail, including double glazing and renovations that add warmth and charm. The kitchen is designed for interaction, and the living area flows seamlessly into the garden, creating a perfect blend of indoor-outdoor living.

For families, the property falls within a desirable school zone. Middleton Grange School (Years 11-13) rates a high decile 9, while Emmanuel Christian School and Marian College are both at decile 8. Other schools in the area include Christchurch Adventist School, Mairehau High School, Christchurch East School, Hagley Community College, all catering to various educational needs and levels.

Updated on May 29, 2024