Nestled in the heart of Saint Albans, Christchurch, this charming 2-bedroom, 1-bathroom home with a single carpark is set on a level contour with wooden exterior walls and tiled roofing. Constructed in 1976, the property is in a good condition both inside and out, and is held under a Cross-Lease ownership. The capital value has seen a remarkable increase of 50.65% from $385,000 in 2019 to $580,000 as of 2022. The latest sale was recorded at $430,000 in 2020, with a HouGarden AVM estimate of $562,500.
With a prime location, this property is zoned for a selection of top-rated schools, including Burnside High School, Christchurch Boys' and Girls' High Schools, Heaton Normal Intermediate, and St Albans School. The educational institutions in the area have deciles ranging from 5 to 10, ensuring a high standard of education for the family.
Not only is this an ideal investment for families with school-aged children, but it also holds great potential for out-of-town investors or as a rental property. The vibrant community, with the popular Edgeware village at the end of the street, offers a variety of amenities and easy access to the city center and Merivale Mall. The property itself boasts a sunny kitchen and lounge that opens to a private courtyard, perfect for relaxation and entertainment.
Updated on August 05, 2024