1/72 Ward Street, Addington, Christchurch

Nestled in the serene cul-de-sac of Ward Street, Addington, Christchurch, this residential ownership home unit boasts a thoughtful layout with 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1986 with concrete walls and an iron roof, both in good condition, the property sits on a level contour, enjoying a north-facing aspect that floods the open-plan kitchen, dining, and living areas with sunlight. The 54sqm floor area is complemented by a well-kept garden, offering an easy-care lifestyle without compromising on space.

With a current Capital Value (CV) of $400,000, this property has seen a remarkable increase of 60% from its $250,000 CV in 2019. The HouGarden AVM estimates the property at $397,500, while the latest sale history shows a progression from $179,000 in 2007 to $185,000 in 2010, indicating a consistent rise in value. This is an opportunity that combines affordability with a prime location, just a 20-minute walk from Christchurch Hospital and 2.3kms from The Strip.

For families, the property falls within the catchment of several high-performing schools. These include Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and more. The convenience of the location, coupled with the property’s mint condition, makes it an ideal first home or investment.

Updated on November 22, 2024