66 Antigua Street, Addington, Christchurch

Nestled on a prime 597m2 RMD land, this charming 1931 two-storey weatherboard home at 66 Antigua Street, Addington, Christchurch, boasts 5 bedrooms, 2 carparks, and a spacious floor area of 159m2. It is a freehold property with average wall and roof conditions, positioned in a levelled contour. The capital value has seen a remarkable increase of 49.47% from $475,000 in 2019 to $710,000 as of 2022. The HouGarden AVM estimates it at $650,000, while the latest sales history shows a progression from $280,000 in 2006 to $345,000 in 2009.

With a weekly holding income of $900, this property presents a lucrative opportunity with potential for land banking or development, especially given its proximity to the city center and upcoming amenities like the new Mitre 10 Mega. It enjoys easy access to arterial routes and public transport, and is in a sought-after school zone. It's zoned for Addington School, Christchurch South Intermediate, and is just 1.3 km from Hagley Community College, with other prestigious schools nearby.

Enjoying a quiet cul-de-sac, the residence features an open-plan living/dining area, a separate lounge, and a well-equipped kitchen with a gas cooktop. The large forecourt, paved barbecue area, and easy-care grounds with a garden shed add to the appeal. This property is perfect for those seeking a combination of investment potential and convenient living, within reach of Hagley Park, Lincoln Road restaurants, Barrington Mall, and the Riverside Market.

Updated on December 12, 2024