1/125 Prestons Road, Redwood, Christchurch

Nestled in the heart of Redwood, Christchurch, this delightful townhouse at 1/125 Prestons Road is a gem for first-time buyers, investors, or those looking to downsize. Constructed in 1979 with concrete walls and tiled roofing, this 110sqm residential unit exudes a sense of solid, well-maintained living. It boasts 3 bedrooms, a modernized bathroom with both bath and shower, and a separate toilet for convenience. The open-plan kitchen and dining area flow into a spacious lounge, while additional features include a single garage, separate laundry, and a water filter system. The property sits on a level contour and is located in a quiet cul-de-sac, making it a serene retreat. The capital value has seen a staggering increase of 51.6% from $310,000 in 2019 to $470,000 in 2022, with a HouGarden AVM estimate of $465,000. The latest sale history shows a sale price of $516,000 in 2020 and $290,000 in 2015, indicating a robust market trend. Educationally, the property falls within the zones of esteemed schools such as Christ the King School (Decile 8) and Villa Maria College (Decile 9), ensuring quality education for the family.

Updated on November 06, 2024