495a Madras Street, Saint Albans, Christchurch

Nestled on a freehold section of 199m² at 495a Madras Street, St Albans, this 2012-built residential dwelling boasts 3 bedrooms, 2 bathrooms, and 2 carparks. Constructed with a durable iron roof and fibrous cement walls in good condition, the property features a floor area of 140m² and is set on a level contour. The capital value has seen a significant increase of 43.86% from $570,000 in 2019 to $820,000 as of 2022, with a HouGarden AVM estimate of $750,000. The latest sale was recorded at $760,000 in 2024, up from $470,000 in 2013.

For families, the property falls within a highly sought-after school zone, including Heaton Normal Intermediate and Middleton Grange School, both with a decile rating of 9, indicating a high standard of education in the area. Other schools in the vicinity include Emmanuel Christian School, Christchurch Adventist School, Mairehau High School, St Albans School, Hagley Community College, and Marian College, catering to various educational needs.

With a private, sheltered, and secure setting, this property offers modern living with a heat pump, underfloor heating, and double-glazing, ensuring comfort throughout the year. Its convenient location close to the city center, cafes, parks, and public transport makes it an attractive option for young professionals, investors, and those looking to enter the property market.

Updated on December 11, 2024