Nestled in the serene Spreydon, Christchurch, at 251b Lyttelton Street, this residential ownership home unit boasts a charming interior complemented by roughcast walls and an iron roof, constructed in the1970s. It features 2 bedrooms, 1 bathroom, a single carpark, and a floor area of 72 square meters. The property is cross-leased and sits on a level contour, exuding warmth and comfort with its average-condition walls and roof, and a heat pump for heating. The living space is enhanced with new carpeting and lighting, alongside a practical galley kitchen equipped with a pantry and dishwasher. The property is not only insulated to code but also meets Healthy Home standards. The spacious garden and lawn area, accessible through sliding doors, offer a secure space for relaxation or children's play.
With a Capital Value (CV) of $450,000 as of August 2022, this property has seen a remarkable increase of 42.86% from its $315,000 CV in August 2019. The HouGarden AVM estimates the property's value at $437,500, while the latest sale history shows a transaction at $460,000 in September 2021, and another at $231,500 in April 2009.
For families with school-aged children, this property falls within the zones of several esteemed schools. It is in close proximity to Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and more. This townhouse is not only an ideal choice for retirees, downsizers, and small families but also presents a lucrative investment opportunity in a prime location.
Updated on July 22, 2024