36 Melrose Street, Christchurch Central, Christchurch

Discover the charm of city living with this standalone, freehold inner-city townhouse at 36 Melrose Street, Christchurch Central. This residence, built in 1999, features 2 spacious double bedrooms, a well-sized internal access garage, and a private driveway, all spread over a floor area of 110m² on a 160m² land parcel. The property boasts brick walls in good condition and an iron roof, also in good condition, ensuring durability and low maintenance. Its level contour adds to the ease of access and enjoyment of the outdoor space.

The property has seen a significant increase in capital value, from $435,000 in August 2019 to $700,000 in August 2022, marking a 60.92% growth. This growth is supported by a HouGarden AVM estimate of $670,000. The latest sale on February 10, 2024, was at $537,000, showing a steady appreciation from its previous sale at $297,500 on June 4, 2006. This property represents a solid investment opportunity, having served the seller well over the past 18 years.

Located in a prime school zone, the property offers access to a range of educational institutions including Middleton Grange School (decile 9), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Mairehau High School (decile 4), Christchurch East School (decile 3), Hagley Community College (decile 6), and Marian College (decile 8). This diverse selection ensures a variety of options for families with educational needs.

Updated on April 05, 2024.