Nestled at 2e Church Street, Akaroa, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and an open-plan living area, all set on a level contour with a floor area of 50 square meters. The unit, built in 1970, features mixed materials for the walls and an iron roof, both in average condition. It is governed by a Unit Title, providing a sense of community without compromising on privacy. The property's charm extends to its potential as a holiday home or investment, given its proximity to the pier and the vibrant waterfront scene, making it an attractive option for nightly rentals.
Since August 2019, the Capital Value (CV) has seen a significant increase of 33.93%, reaching $375,000 as of August 2022. The HouGarden AVM estimates the property's value at $347,500, while the latest sale records from 2013 and 1996 indicate a growing investment prospect. The CV growth and the property's prime location promise a lucrative return on investment for the wise buyer.
For families with school-aged children, the property falls within the decile 9-rated Villa Maria College and decile 8-rated St Thomas of Canterbury College, ensuring access to quality secondary education. Other nearby schools include Middleton Grange School, Aidanfield Christian School, and Christchurch Adventist School, all offering different educational options for families to choose from.
Updated on June 07, 2024
