2/255 Gloucester Street, Christchurch Central, Christchurch

Nestled in the vibrant heart of Christchurch at 2/255 Gloucester Street, this elegant three-story freehold home boasts 2 bedrooms, 1 bathroom, and a floor area of 87 square meters on a level 72 square meter land. Constructed in 2021 with mixed materials for the walls and stone for the roof, both in good condition, this property is perfect for a professional couple, single person, or small family. The open plan kitchen and dining area, complete with 2 heat pumps, ensures optimal comfort. Notably, the property is in a school zone with various institutions such as Middleton Grange School (Decile 9) and Marian College (Decile 8), enhancing its educational value.

With a Capital Value (CV) of $640,000 as of August 2022, this represents a 34.74% increase from the 2019 CV of $475,000. The HouGarden AVM estimates the property at $632,500, while the latest sales were recorded at $555,000 on September 18, 2024, and $649,000 on May 11, 2023. This property not only offers a comfortable living space but also presents a lucrative investment opportunity with impressive occupancy rates as a sought-after Airbnb.

Residents will also enjoy the convenience of being a short stroll away from Latimer Square and the upcoming Te Kaha multi-functional stadium, set to be completed in April 2026. This property is seriously for sale, offering the potential for a carpark and the possibility of the current owners leaving the furniture and fit-outs for the right buyer. Don't miss this excellent opportunity to secure a piece of Canterbury's best adventures and compelling history.

Updated on November 06, 2024