1/273 Fitzgerald Avenue, Christchurch Central, Christchurch

Nestled at 1/273 Fitzgerald Avenue, Christchurch Central, this residential unit boasts a prime city fringe location. Constructed in 1960 with concrete walls and an iron roof, this 70 square meter, 2-bedroom, 1-bathroom home with a single carpark is perfect for first home buyers or investors. The property, on a level contour, is an ownership home unit under a Cross-Lease title. Notable features include average wall and roof conditions, a heat pump for year-round comfort, and compliance with healthy home standards. The capital value has seen a rapid increase of 49%, from $255,000 in August 2019 to $380,000 in August 2022, reflecting its growing appeal. The latest sale history shows transactions at $268,000 in February 2021 and $250,000 in March 2015, while the HouGarden AVM estimates the property at $347,500.

For families, the property falls within a desirable school zone. Middleton Grange School (Years 11-13) rates a high decile 9, Hillview Christian School a decile 7, and Mairehau High School a decile 4. Other schools in the area include Christchurch Adventist School, Christchurch East School, Hagley Community College, and Marian College, catering to various educational needs and levels.

Updated on December 11, 2024