Embrace the potential of this 1-bedroom unit, perfect for the over 60's, nestled in the heart of Saint Albans at 6/481 Manchester Street, Christchurch. This residential ownership home unit, built in 1970 with mixed materials for the walls and tiled roof, offers an open plan kitchen, dining, and living area, along with a bathroom and separate toilet. It comes with a single carpark and a capital value of $270,000 as of August 2022, reflecting a 50% increase since August 2019. The property is on a level contour, with average wall and roof conditions, and holds a Unit Title.
History shows a promising trend with the latest sale at $170,000 in 2016 and an estimated value of $270,000 by HouGarden AVM. The government's capital value increase reflects a significant growth opportunity for investors. This unit is ideal for those seeking a lock-up-and-leave lifestyle, close to the city and a variety of amenities.
For families with school-aged children, the property falls within the decile 9 Heaton Normal Intermediate and Middleton Grange School zones, as well as the decile 8 Emmanuel Christian School and St Albans School. Other nearby schools include Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, offering a range of educational options.
Updated on November 14, 2024