Nestled in the serene cul-de-sac of Champion Street, this 2-bedroom, 1-bathroom unit with a single carport is a gem in the Edgeware neighborhood of Christchurch. Constructed in the 1970s with concrete walls and an iron roof, this freehold property exudes an air of solid, well-maintained living. The 55sqm floor area is complemented by a quarter share in the driveway and a private, gated entrance, ensuring both convenience and privacy. The unit boasts an open-plan living space, a modernized kitchen with integrated laundry, and a heat pump for year-round comfort. The capital value as of August 2022 is $360,000, reflecting a promising investment with potential for growth. With no body corporate fees and hidden costs, this property is priced to sell, with negotiations starting from $430,000.
History shows a consistent rise in the government's valuation, with the property's CV increasing at a steady pace. The HouGarden AVM estimates a competitive price, and recent sales in the area affirm the value. The capital value has seen a significant percentage growth, making this unit an attractive prospect for both investors and homeowners.
For families with children, the school zone is a significant plus. The local schools have a favorable decile rating, ensuring quality education is within reach. This, coupled with the property's convenient location near Edgeware Village and amenities, makes it an ideal choice for those seeking a balanced lifestyle.
Updated on June 12, 2024