181b Geraldine Street, Edgeware, Christchurch

Nestled in the serene Geraldine Street of Edgeware, Christchurch, lies this charming 2-bedroom residential unit, a perfect blend of modern comfort and convenient living. Constructed in 2021 with a mix of materials for the walls and iron for the roof, this freehold property boasts a floor area of 103 sqm on a land area of 168 sqm. The property is complemented by a single carpark, a good condition exterior, and a well-maintained roof, all set on an easy-to-moderate rise contour. The capital value has seen a remarkable increase of 49.43% from $435,000 in 2019 to $650,000 as of 2022, while the HouGarden AVM estimates it at $602,500. The latest sale was recorded at $688,000 in March 2021. The home is equipped with an open plan kitchen and living area with a heat pump, a designer kitchen, and double glazed windows, offering both functionality and elegance.

When it comes to the government's valuation and market estimates, this property presents a promising investment opportunity. The capital value growth is a testament to the property's appeal and potential. The quiet cul-de-sac location adds to the property's allure, being in close proximity to the city center, Edgeware Shops, and The Palms Shopping Mall.

For families with children, the property falls within the catchment area of several well-regarded schools. Middleton Grange School, Emmanuel Christian School, and Marian College are among the institutions with high decile ratings, ensuring access to quality education. This combination of a desirable location, strong capital value growth, and educational opportunities makes this property an attractive prospect for both investors and families.

Updated on July 03, 2024