3/16 Derby Street, Saint Albans, Christchurch

Nestled in the serene Derby Street of Saint Albans, Christchurch, this 2-bedroom home exudes potential with a CV of $490,000 as of August 2022, showcasing a 22.5% increase since 2019. It sits on a cross-lease title with a robust concrete exterior and a reliable iron roof from 1993, both in good condition. The 120sqm floor area is complemented by a single carpark, making it an ideal starter or investment opportunity in a prime location.

With a recent HouGarden AVM of $455,000 and a last sale in 1993 at $267,000, this property is not just a home but a smart investment. The location is a quiet cul-de-sac, mere steps away from Carlton Corner's vibrant life, Merivale Mall's convenience, and the tranquility of Hagley Park. It's an open-plan living space with an easy-care garden and internal access garage, offering hassle-free living.

Education takes center stage with the property's placement in the zones of Christchurch Girls' and Boys' High Schools, Heaton Intermediate, and Elmwood School – all highly rated with deciles ranging from 8 to 10. This is not just a home; it's an investment in a desirable future.

Updated on July 01, 2024