Nestled in the serene Edgeware, Christchurch, at 2/135 Hills Road, this modern 2-bedroom, 1-bathroom townhouse with a single carpark, presents an attractive opportunity for first-home buyers, city professionals, or investors. Constructed with mixed materials for the walls and iron for the roof, this freehold property sits on a levelled 133sqm land area and offers a floor space of 75sqm. The post-quake construction, completed in 2022, ensures durability and peace of mind. The property features an open plan kitchen and living area downstairs, two spacious double bedrooms upstairs, and a private, sunny courtyard with a shed. With a government valuation of $650,000 as of August 2022, the property has shown a capital value increase, reflected in the latest sale of $619,000 in November 2021. The property is currently tenanted, offering a flexible investment opportunity.
As for the valuation history, the capital value has been on a steady rise, with the HouGarden AVM also indicating a value of $650,000. This prime location is not only close to the city center but also falls within a desirable school zone. Notable schools in the area include Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Marian College (Decile 8), among others, making it an ideal choice for families.
With a blend of comfort, convenience, and contemporary living, this townhouse is perfect for those seeking a lock-up-and-go lifestyle, while the freehold title adds long-term value. The property's close proximity to schools, shops, and public transport further enhances its appeal.
Updated on September 24, 2024