310j Gloucester Street, Christchurch Central, Christchurch

Nestled within the coveted Four Avenues of Christchurch Central, this 2-bedroom, 1-bathroom townhouse at 310j Gloucester Street boasts an impressive capital value growth of 44.19% over three years. Constructed in 2008 with roughcast walls and an iron roof, both in good condition, this unit-titled property offers a floor area of 74sqm and a carpark. The latest government valuation stands at $620,000, while the HouGarden AVM estimates it at $602,500, reflecting a significant increase from its last sale in 2015 for $415,000. This residence, designed by Peter Kent, provides an open-plan living space, north-facing courtyard, and a cozy pellet fireplace. It's perfect for first-time buyers, investors, or those seeking to downsize. The property falls within the decile 9 Middleton Grange School zone and is close to several other well-rated schools, making it an ideal choice for families.

With a CV of $620,000 as of August 2022, compared to $430,000 in August 2019, this property's value has been on a rapid ascent. The combination of a quiet cul-de-sac location, a well-maintained complex, and the convenience of being near the city center makes it a compelling investment. The clear instructions from the vendors indicate a serious intention to sell, presenting a golden opportunity for potential buyers.

For families with educational considerations, the property is within the catchment area of several reputable schools, including the decile 9 Middleton Grange School for years 11-13, Hillview Christian School with a decile 7 rating, and others. This townhouse not only offers a comfortable living environment but also ensures access to quality education.

Updated on July 31, 2024