Nestled at the core of the revitalized Christchurch City, 3/278 Barbadoes Street offers a serene retreat within the bustling central avenues. This freehold townhouse, built in 2022 with mixed materials and an iron roof, presents a low-maintenance lifestyle. It boasts a single bedroom, a bathroom, and an open-plan living area that flows into a sun-drenched courtyard. The property's capital value has seen a 10.39% increase from $385,000 in 2019 to $425,000 in 2022, reflecting its growing desirability. The latest sale was recorded at $395,000 in 2024, with a HouGarden AVM estimate of $407,500.
For investors, the current rental of $415 per week offers a solid return. The property is situated in a prime school zone, with Middleton Grange School (Decile 9) and Marian College (Decile 8) among the notable institutions. The convenience of the location is unparalleled, with the Te Kaha Stadium, Riverside Market, and the Avon River within walking distance, promising a vibrant lifestyle.
With a level contour and a well-maintained condition both inside and out, this townhouse is perfect for a single person, couple, or a business traveler seeking a lock-and-leave home. The upper floor features a spacious bedroom with ample storage and a modern bathroom, completing the appeal of this centrally located property.
Updated on April 17, 2024