1/64 Bristol Street, Saint Albans, Christchurch

Nestled in the serene cul-de-sac of 1/64 Bristol Street, St Albans, Christchurch, this residential ownership home unit boasts a charming layout with 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with brick walls and an iron roof, this property offers a floor area of 70 square meters. The cross-lease title adds a unique dimension to this already attractive property. Notably, the capital value has seen a substantial increase from $335,000 in 2019 to $500,000 in 2022, reflecting a growth rate of 49.25%. The property is equipped with modern amenities such as a heat pump and gas hot water heating, ensuring comfort throughout the year.

With a HouGarden AVM of $465,000 and a history of sales at $356,000 in 2020 and $340,500 in 2018, this property presents a wise investment opportunity. The government's valuation history and the rising capital value indicate a promising trend for potential returns.

For families with children, the property falls within the catchment area of several top-rated schools, including Elmwood Normal School, Heaton Normal Intermediate, St Albans School, Christchurch Boys' and Girls' High Schools, and Burnside High School. These schools, with their high decile ratings, offer an excellent education for children of all ages.

Updated on July 04, 2024