Nestled in a serene cul-de-sac within the vibrant city fringe of Addington, Christchurch, stands this secure and inviting three-bedroom townhouse. Constructed in 1999 with robust concrete walls and an iron roof, both in good condition, this Unit Title property offers a floor area of 110 square meters and a single carpark. The master bedroom is particularly spacious, featuring built-in wardrobes, and the open plan living downstairs extends to a sun-kissed deck, perfect for summer evenings. Notably, the property has seen a 36.23% increase in Capital Value from $345,000 in August 2019 to $470,000 in August 2022. The HouGarden AVM estimates the property at $465,000, while the latest sales were recorded at $355,000 in 2018 and $320,000 in 2013.
For families, the property falls within the zone of several esteemed schools, including Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings. Other educational institutions in the area include Middleton Grange School, Hillmorton High School, and Christchurch South Karamata Intermediate, among others. This home offers the convenience of city life with the tranquility of a cul-de-sac, making it an attractive prospect for young professionals, investors, or those seeking a low-maintenance lifestyle close to amenities and the upcoming Te Kaha Stadium.
Adding to its allure, the property is centrally located near Hagley Park and the CBD, with Addington's new business hub providing a wealth of cafes, restaurants, and shops. This property is an ideal starting point for first-time homeowners or a valuable addition to any investment portfolio. With the owners looking to move on to their next chapter, this townhouse is set to be sold promptly, either before or at auction day. Don't miss the opportunity to secure this city fringe gem with the added benefit of garaging!
Updated on November 06, 2024