Nestled in the heart of Christchurch Central at 8/233 Madras Street, this residential apartment complex boasts a modern design with mixed-material walls and an iron roof, both in good condition. The unit, built in 2021, features 3 bedrooms, 1 bathroom, and a single carpark, with a level contour and a floor area of 100 square meters. It is governed by a Unit Title, ensuring a clear and secure ownership structure.
With a Capital Value (CV) of $690,000 as of August 2022, this property has shown a 15% increase since the previous valuation in August 2019. The HouGarden AVM estimates the property's value at $670,000, while the latest sale records from July 2, 2024, and June 22, 2020, indicate sales prices of $755,000 and $609,000 respectively, highlighting a steady growth in the property's market value.
For families with school-aged children, this property falls within the catchment area of several reputable schools. Middleton Grange School, a composite school with a decile rating of 9, is one of the highlights. Other schools in the zone include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Christchurch East School (a full primary with a decile of 3), Hagley Community College (secondary, decile 6), Marian College (secondary, decile 8), and Te Aratai College for years 7 and 8 (decile 3), offering a diverse range of educational options.
Updated on August 01, 2024