12 League Lane, Phillipstown, Christchurch

Nestled in the serene cul-de-sac of League Lane, this 2018-built freehold property boasts a modern design with 2 bedrooms, 1 bathroom, and a single carpark. Measuring a comfortable 82 square meters of floor area on a level 183 square meter section, the residence features roughcast walls and an iron roof in good condition. This property is perfect for those seeking quality and investment yield, with a capital value (CV) that has seen a growth of 40.5% from $370,000 in 2019 to $520,000 in 2022. The latest sale in 2018 was for $375,000, closely matching the current HouGarden AVM of $515,000.

For families with children, the property falls within a desirable school zone. Middleton Grange School, a composite school with a decile rating of 9, is one of the many educational institutions in the area. Others include Te Waka Unua School, Hillview Christian School, Christchurch Adventist School, Hagley Community College, Marian College, and Te Aratai College, catering to various educational needs and levels.

Boasting open-plan living, a heat pump for climate control, and double-glazed insulation, this townhouse also offers a fully fenced section with a north-facing deck, providing a private and comfortable space to relax and enjoy the sun. Conveniently located near Christchurch's four avenues and the CBD, this property is an opportunity not to be missed.

Updated on November 04, 2024