119c Chester Street East, Christchurch Central, Christchurch

Nestled in the heart of Christchurch Central at 119c Chester Street East, this residential ownership home unit boasts a freehold title and a contemporary design. The recently constructed property, built in 2022, features roughcast walls in good condition and an iron roof, also well-maintained. With 2 bedrooms, 1 bathroom, and a spacious open plan living area that flows onto the patio, it offers a comfortable floor area of 78 square meters on a level land of 85 square meters. This property is perfect for investors, first-time buyers, or those seeking a lock-up-and-leave lifestyle.

Since August 2019, the Capital Value (CV) has seen a significant increase of 38.89%, reaching $625,000. The HouGarden AVM estimates the property's value at $572,500, while recent sales history suggests a promising investment opportunity. The property's CV growth and the prime location make it an attractive prospect for buyers looking to enter the market.

For families with children, the 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 many educational institutions in the zone. Others include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), and Marian College (decile 8), ensuring a range of options for quality education.

Updated on December 04, 2024