10b Newcastle Street, Phillipstown, Christchurch

Nestled in the serene cul-de-sac of Newcastle Street, this 2-bedroom, 1-bathroom freehold townhouse is a gem in the heart of Phillipstown, Christchurch. Constructed with a robust iron roof and fibrous cement walls, this level property boasts a floor area of 75m2 and a land area of 147m2. The capital value has seen a remarkable increase, with the latest valuation reaching $525,000 as of August 2022. The property, part of a boutique complex by the award-winning Holloway Builders, is not just a home but a sound investment, with a HouGarden AVM estimate of $490,000. Its modern design and low-maintenance outdoor living make it an attractive offer, especially with the added convenience of being in close proximity to a range of schools, from the high-decile Middleton Grange School to various others catering to diverse educational needs.

Government valuations reflect a promising trend, with a notable percentage increase in the capital value over the years. The recent sale history and rapid CV growth are testament to the property's escalating worth. This is further supported by the HouGarden AVM, indicating a strong market standing for this property.

For families with school-aged children, the property falls within the catchment area of several well-regarded institutions. Middleton Grange School, a composite school with a decile rating of 9, is one of the many excellent educational facilities in the vicinity. Other schools, such as Linwood Avenue School, Hillview Christian School, and Marian College, offer a range of decile ratings and educational approaches, ensuring a variety of options for learners of all ages.

Updated on May 20, 2024