Nestled in the heart of Christchurch Central at 306/231 Madras Street, this residential apartment boasts a modern design, built in 2020 with a mix of materials for the walls and an iron roof, both in good condition. It features 2 bedrooms, 1 bathroom, a single carpark, and a floor area of 81 square meters under a Unit Title ownership. The property is situated on a level contour, enhancing its appeal.
With a government valuation (CV) of $615,000 as of August 2022, this property has shown a significant increase of 20.59% from its $510,000 valuation in August 2019. The HouGarden AVM estimates the property's worth at $587,500, while the latest sale history includes a transaction at $670,000 in February 2024 and another at $620,000 in October 2020.
For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School (Years 11-13) rates a high decile 9, Hillview Christian School a decile 7, while Christchurch Adventist School stands at decile 5. Other options include Christchurch East School (decile 3), Hagley Community College (decile 6), Marian College (decile 8), and Te Aratai College (Year 7&8) at decile 3.
Updated on April 10, 2024