Nestled in the heart of Christchurch Central, this newly completed freehold townhouse at 2/196 Worcester Street boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with a mix of materials for the walls and iron for the roof, this level property enjoys a good wall and roof condition. Spanning an area of 88 square meters and sitting on a 66sqm section, it offers modern living with exceptional convenience. The property, valued at $620,000 according to the latest government valuation, has seen a rapid increase in its capital value. The latest sale record from March 3, 2023, indicates a sale price of $699,000, reflecting a significant growth percentage. HouGarden AVM estimates the property's value at $567,500, making it an attractive investment opportunity.
For families, the property falls within the zone of several reputable schools. Middleton Grange School, a composite school with a decile rating of 9, is one of the many educational institutions in the area. Other schools include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Christchurch East School (a full primary with decile 3), Hagley Community College (a secondary school with decile 6), Marian College (a secondary school with decile 8), and Te Aratai College for Year 7&8 students (decile 3). These schools cater to a wide range of educational needs and are a testament to the quality of the local school network.
Centrally located, the property is mere steps away from Latimer Square and within walking distance of the CBD's best amenities, including the upcoming One New Zealand Stadium. Whether you're looking for a chic central residence, a rental investment, or an Airbnb opportunity, this property offers versatility and the promise of a vibrant urban lifestyle.
Updated on December 17, 2024