Nestled within the Four Avenues of Christchurch City, this freehold townhouse at 11/221 Armagh Street boasts a versatile layout perfect for first-time buyers and investors. The one-bedroom, one-bathroom unit, built in 2020 with mixed materials and an iron roof, is priced at $429,000. It features an open-plan living downstairs, a well-appointed kitchen, and a peaceful retreat upstairs with a spacious bedroom, tiled bathroom, and a large built-in wardrobe. The property is equipped with a heat pump and double glazing for all-season comfort, and a low-maintenance private courtyard for outdoor relaxation. Notably, the capital value has increased by 12.5% from $400,000 in 2019 to $450,000 in 2022, with a HouGarden AVM of $437,500. The latest sales were recorded at $410,000 in 2020 and $399,000 in 2019. Educationally, the property falls within the zones of Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and other esteemed institutions, making it an attractive option for families.
Updated on July 19, 2024