Nestled in the prestigious Merivale, this 3-bedroom, 1-bathroom home with a single car park is a gem in the residential market. Constructed in 1950 with concrete walls and tiled roofing, it sits on a level contour with average wall and roof conditions. The property, 2/24 Rhodes Street, is a cross-lease ownership, exuding a serene ambiance in a quiet cul-de-sac. The capital value has seen a remarkable increase of 52.18% from $415,000 in 2019 to the current $630,000 in 2022. The latest sale was in 2002 for $175,500, while the HouGarden AVM estimates it at $577,500.
With a prime location, the property is zoned for top-rated schools such as Elmwood Normal, Heaton Normal Intermediate, Christchurch Boys' and Girls' High Schools, and Burnside High, all within walking distance. The nearby presence of esteemed educational institutions like St Patrick's School, Middleton Grange, and Marian College adds to the property's appeal. The central city is mere minutes away, making this an ideal blend of convenience and comfort.
Enjoying a northwest aspect, the townhouse basks in abundant sunlight and offers an open-plan living space that overlooks a private, easy-care garden. This property is not just a home but an investment in a blue-chip location, with Merivale Mall and St George's Hospital in the vicinity. It's a developer's special, priced to sell, and a lifestyle to cherish.
Updated on December 09, 2024