2/85 Brougham Street, Addington, Christchurch

Nestled in the coveted Addington neighborhood, this 2-bedroom, 1-bathroom unit with a single carpark stands on a cross-lease title. Constructed in 1986 with concrete walls and tiled roof, both in good condition, this residential dwelling offers a floor area of 110 square meters. The property, valued at $540,000 as per the latest government valuation in August 2022, has seen a remarkable CV increase of 58.8% since August 2019. The latest sale in June 2024 was for $430,000, while HouGarden AVM estimates the property at $525,000, indicating a potential for growth and investment.

With a level contour and a compact backyard, the property is perfect for those who enjoy gardening without the extensive maintenance. The location is not only convenient, with the city center within easy reach, but also boasts an excellent school network. Renowned schools such as Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8) are in the vicinity, making it an ideal choice for families.

Offering both immediate comfort and the opportunity for renovation, this property invites potential buyers to add their personal touch and increase the property's value. It's a chance to renovate and reward yourself with a home that promises both comfort and potential returns.

Updated on August 01, 2024