1/35 Parlane Street, Addington, Christchurch

Nestled in the heart of Addington, at 1/35 Parlane Street, this 1977-built townhouse boasts a unique blend of classic Summerhill stone and modern updates. With a CV of $335,000 as of August 2022, it has seen a remarkable increase of 36.73% from its 2019 valuation of $245,000. This three-bedroom, one-bathroom unit with an 80sqm floor area and a single carpark, offers comfort and functionality. The Iron roof and Mixed Materials walls are both in good condition, complementing the property's level contour. As for the schools, it falls within the zones of highly-rated institutions such as Villa Maria College (Decile 9) and Middleton Grange School (Decile 9), among others. The property's HouGarden AVM is $330,000, with the latest sale recorded at $268,000 in 2021, showing its investment potential. Don't miss this opportunity in a prime location, priced to sell.

With a history of sales including a transaction in 2008 for $196,000, this property offers a chance to secure a low-maintenance home with significant growth potential. Its convenient location, near both the City and Riccarton, adds to its appeal. The fully fenced backyard provides privacy and security, while the extra off-street parking and single garage enhance convenience.

For families with children, the property is in a sought-after school zone. In addition to the secondary schools, it is close to several intermediate and contributing schools, ensuring a range of educational options. This property is a must-see for those looking for a well-located, modern home with strong capital value growth.

Updated on July 29, 2024