1/18 Salisbury Street, Christchurch Central, Christchurch

Nestled in the heart of Christchurch Central at 1/18 Salisbury Street, this architecturally designed Warren and Mahoney showpiece boasts a charming blend of classic inspiration and modern elegance. The 2-bedroom, 1-bathroom unit with a single carpark is set on a level contour with concrete walls and a Malthoid roof, constructed in 1989. This cross-lease property offers an open plan kitchen/living, a modern bathroom with a tiled shower, and a private north-facing courtyard, all contributing to a comfortable and stylish lifestyle.

With a current Capital Value (CV) of $750,000, this property has seen a remarkable increase of 41.5% since 2019, reflecting its growing value. The HouGarden AVM estimates the property at $755,000, while the latest sale history shows transactions at $522,500 in 2020 and $520,000 in 2017. This not only signifies the investment potential but also the desirability of the location.

For families with school-aged children, the property falls within the zones of esteemed schools such as Christchurch Boys' and Girls' High Schools, Burnside High School, and Elmwood Normal School, all of which are decile 10 or higher. This makes it an ideal base for education, centrally located between Hagley Park and Victoria Street, in a setting that is both tranquil and convenient.

Updated on September 17, 2024