2 Manuka Street, Mairehau, Christchurch

Nestled in the serene Manuka Street of Mairehau, Christchurch, this 2-bedroom townhouse, built in 1986, stands on a cross-lease site with a separate driveway and no shared land. The property features an open-plan kitchen/dining area that leads to a sheltered deck and conservatory. With a floor area of 130 square meters, it boasts a brick exterior, tiled roof, and good wall and roof conditions. It includes 2 carparks and is situated in a quiet cul-de-sac, perfect for a family-oriented lifestyle.

As per the latest valuation, the capital value has seen a significant increase of 50%, jumping from $360,000 in August 2019 to $540,000 in August 2022. The HouGarden AVM estimates the property at $525,000, while the latest sales were recorded at $590,000 in June 2024 and $430,000 in November 2023, indicating a high potential for equity growth.

Educationally, the property falls within the zones of esteemed schools such as Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Mairehau Primary and High Schools. This makes it an ideal choice for families with school-going children.

Updated on August 01, 2024