1/448 Madras Street, Saint Albans, Christchurch

Nestled in the serene Saint Albans, Christchurch, at 1/448 Madras Street, this residential dwelling is a shining example of modern living. Constructed in 2019 with a Roughcast exterior and an Iron roof, this Freehold property boasts 3 bedrooms, a spacious living area, and a floor area of 110sqm on a level contour 208sqm section. The property is complete with a well-appointed kitchen, a north-west facing deck, and a powder room, while also featuring an en suite in the master bedroom.

With a current Capital Value (CV) of $760,000, this property has seen a remarkable increase of 42.06% from its 2019 CV of $535,000. The HouGarden AVM estimates the property's value at $740,000, while the latest sale in 2024 was for $706,000, up from $543,100 in 2019. This trend highlights the property's investment potential in a rapidly appreciating market.

For families with children, the property falls within the catchment area of several reputable schools. Middleton Grange School (Years 11-13) and Emmanuel Christian School both have a high decile rating of 9 and 8 respectively, while other schools like Mairehau High School and Hagley Community College offer solid secondary education options. This home not only offers convenience but also a promising future in one of Christchurch's most desirable locations.

Updated on August 07, 2024