1/23 Purchas Street, Saint Albans, Christchurch

Nestled in the serene cul-de-sac of Purchas Street, this Residential - Ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1978 with concrete walls and tiled roofing, the property sits on level contour with an average wall and roof condition. The 100sqm floor area is complemented by a private patio and garden, a modern kitchen with a dishwasher, and the comfort of a heat pump and double glazing. The property is a cross-lease on Cera rated TC2 land, conveniently located near Edgeware Village, the CBD, and the amenities of Victoria Street. Notably, the capital value has surged by 45.21% from $365,000 in 2019 to $530,000 in 2022, with a HouGarden AVM of $485,000 and a latest sale of $500,000 in 2024.

For families, the property falls within a highly regarded school zone. Heaton Normal Intermediate and Middleton Grange School (Years 11 - 13) are both decile 9, while St Albans School and Marian College are decile 8. Emmanuel Christian School and Hagley Community College also offer strong educational options. Mairehau High School and Christchurch Adventist School round out the list with solid ratings.

This property stands out as the best, not just for its features and location, but also for its promising investment potential and access to top-notch education.

Updated on December 18, 2024