Nestled in a serene cul-de-sac of Edgeware, Christchurch, this 2-bedroom, 1-bathroom townhouse with a single carpark presents an opportunity for easy living. Constructed in 1974 with concrete walls and an iron roof, this cross-lease property sits on a level contour with average wall and roof conditions. The 60sqm floor area is complemented by a north-facing courtyard, ideal for outdoor entertainment. Notably, the capital value has surged by 56% from $250,000 in 2019 to $390,000 in 2022, showcasing a rapid increase in investment potential. The latest sale was recorded at $377,500 in 2024, while the HouGarden AVM estimates the property at $392,500.
With a prime location, the property falls within the catchment area of esteemed schools such as Middleton Grange School (Decile 9) and St Albans School (Decile 8), among others, ensuring a quality education for the family. The convenient access to amenities and the city center further enhance the appeal of this property, making it an attractive addition to any portfolio.
Boasting a Healthy Homes compliance and a secure complex with night lighting, this townhouse is ready for new owners to enjoy the benefits of a well-maintained, centrally located home.
Updated on October 02, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 3 | 2 | 169m2 | 2024 12 20 | - | Council approved | |
 | 0.07 km | 2 | 1 | 60m2 | 2024 12 11 | $390,000 | Council approved | |
 | 0.05 km | 1 | 1 | -m2 | 2024 10 01 | - | Council approved | |
 | 0.07 km | 2 | 1 | 60m2 | 2024 09 12 | $407,500 | Council approved | |
 | 0.05 km | 2 | 1 | 60m2 | 2024 08 20 | $385,000 | Council approved |