172a Fitzgerald Avenue, Christchurch Central, Christchurch

Nestled on a quiet cul-de-sac at 172a Fitzgerald Avenue, Christchurch Central, this freehold townhouse is a post-EQ build completed in 2012. It boasts three spacious bedrooms, two bathrooms, and a carpark, with a floor area of 116sqm and a land area of 174sqm. Constructed with permanent materials, the property features concrete walls and an iron roof, both in good condition. The capital value has seen a significant increase from $430,000 in 2019 to $595,000 in 2022, a growth of 38.37%. The property is estimated at $577,500 by HouGarden AVM, and the latest sale was in 2012 for $306,522. The upstairs living area, kitchen, dining, and master bedroom enjoy sunshine throughout the year, with a balcony perfect for outdoor dining. A heat pump ensures comfort during winter, and the double garage is an added bonus. It's within walking distance to the CBD and in the zone for Te Aratai College, a leading educational facility. This property offers excellent value in a sought-after location.

With a CV increase of 38.37% over three years, this property has a promising investment potential. The latest valuation by HouGarden AVM reflects a competitive price point, making it an attractive option for budget-conscious buyers. The history of the property, including the sale in 2012, showcases its consistent value growth.

For families with school-aged children, this property falls within the zones of several reputable schools, including Te Aratai College, Middleton Grange School, and Marian College. The schools have varying deciles, ensuring a range of educational options for different needs.

Updated on August 16, 2024