3/14 Nova Place, Christchurch Central, Christchurch

Located at 3/14 Nova Place, Christchurch Central, this stylish townhouse is a prime example of modern living within the heart of the city. Built in 2021, the property boasts 1 bedroom, 1 bathroom, and a floor area of 59 square meters on a freehold land area of 67 square meters. The exterior features mixed materials for the walls and an iron roof, both in good condition, complemented by a level property contour. Noteworthy is the private outdoor courtyard, double glazing, heat pump, storage shed, and ample storage space, alongside a thoughtfully designed interior with a study nook.

The capital value of this property has seen a commendable increase from $400,000 in August 2019 to $450,000 in August 2022, marking a 12.5% growth. The HouGarden AVM estimates its value at $442,500. Its sale history reveals transactions at $425,000 in September 2020 and $420,000 in February 2024, highlighting its desirability and investment potential. The property's easy-care aspect, with an artificial lawn and proximity to Avon Riverside Reserve, Margaret Mahy Family Playground, Piko Wholefoods, and Little Pom's, adds to its appeal.

Education is well catered for, with access to a range of schools including Middleton Grange School (decile 9), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Christchurch East School (decile 3), Hagley Community College (decile 6), Marian College (decile 8), and Te Aratai College (decile 3). This property is not only an ideal choice for those prioritizing education but also offers a lucrative opportunity for both first-time landlords and seasoned investors.