2/337 Selwyn Street, Addington, Christchurch

Nestled in the heart of Addington, Christchurch, this 2-bedroom, 1-bathroom townhouse with a floor area of 130m2 presents a golden opportunity for investors and owner-occupiers alike. Constructed in 1998 with roughcast walls and an iron roof, both in good condition, the property is set on a level contour and boasts a cross-lease title. It features a generous living space, two double bedrooms, a bathroom upstairs, and a separate laundry with an additional toilet downstairs. The north-facing aspect ensures the home is bright and sunny, further enhanced by the private, fully fenced courtyard. It includes a large double garage with backyard access, and the added benefit of ample storage. The property has seen a 27.14% increase in Capital Value from $350,000 in August 2019 to $445,000 in August 2022, with a HouGarden AVM of $437,500. The latest sale history includes a transaction at $304,500 in May 2020, and $220,000 in January 2009. This residence is located in a sought-after school zone, with Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Middleton Grange School (Decile 9) among the notable institutions in the area.

For those seeking an investment with a tenant in place or the chance to move into a vacant property, this townhouse is a perfect fit. Its convenient location near Addington shops, Hagley Park, schools, Christchurch Public Hospital, and public transport makes it an ideal city pad or a first step on the property ladder.

With no auction, deadline, or waiting, this property is priced to sell. Don't miss out on this chance to secure a quality home in a prime location.

Updated on August 22, 2024