5/499 Manchester Street, Saint Albans, Christchurch

Nestled in the serene Saint Albans, Christchurch, at 5/499 Manchester Street, this freehold property is a gem in the residential market. Consisting of 3 bedrooms, a single carpark, and a floor area of 127 square meters on a levelled 140 square meter land, this townhouse boasts mixed material walls and an iron roof, both in good condition. Constructed in 2024, it features double glazing, insulation, and a heat pump. The property has a government valued capital value of $850,000 as of August 2022, with a HouGarden AVM estimate of $852,500, making it a promising investment opportunity.

With a history of steady capital value growth, this property's last sale price indicates a significant increase. The included amenities and proximity to the CBD, Edgeware Village, St Albans Park, and Hagley Park enhance its appeal. It's a perfect blend of comfort and convenience, with a rental assessment ranging from $650 to $680 per week.

For families, the school zone is a significant plus. The property falls within a highly rated decile, offering access to esteemed educational institutions. This townhouse is not just a home but a wise investment in both real estate and education.

Updated on October 01, 2024