5/95 Bordesley Street, Phillipstown, Christchurch

Nestled in the heart of Phillipstown, Christchurch, this 3-bedroom, 1-bathroom unit at 5/95 Bordesley Street boasts an iron roof and concrete walls, standing firm since 1977. This cross-lease property, with a floor area of 90 square meters, exudes warmth and tranquility, thanks to recent refurbishments that include new light fittings, fresh carpeting, and a coat of paint, both indoors and out. The capital value has seen a rapid increase of 46%, from $250,000 in 2019 to $365,000 as of 2022, reflecting its growing desirability. The property is valued at $340,000 according to HouGarden AVM, with a history of sales at $170,000 in 2013 and $185,000 in 2009.

With a capital value on the rise and a convenient location, this property is a smart investment. It's situated in a prime school zone, with Middleton Grange School (Decile 9) and Marian College (Decile 8) being the highlights, catering to a range of educational needs. Other schools in the area include Linwood Avenue School (Decile 2), Te Waka Unua School (Decile 2), Hillview Christian School (Decile 7), and more, offering diverse educational opportunities.

Enjoy the benefits of a quiet cul-de-sac lifestyle, with the added comfort of a heat pump and partial double glazing. The north-facing courtyard is an established oasis, perfect for relaxation and outdoor entertainment. Close to Eastgate Mall, Linwood Pool, and Edmonds Park, with easy access to Christchurch Central for dining, shopping, and entertainment, this unit offers a sunny, spacious, and affordable living experience.

Updated on May 10, 2024