231 Madras Street, Christchurch Central, Christchurch

Located at 231 Madras Street, Christchurch Central, this modern apartment offers a unique blend of comfort and convenience. The property, built in 2020, features a floor area of 76 square meters and comes with 1 bathroom and 1 carpark. It boasts mixed materials for wall construction and an iron roof, both in good condition. The level property contour and Unit Title ownership make it an attractive option for those seeking a hassle-free lifestyle in the heart of Christchurch. This apartment falls under the 'Residential - Apartments' category, reflecting its urban appeal.

Over the years, the capital value of this property has seen a significant increase, from $510,000 in August 2019 to $615,000 in August 2022, marking a 20.59% growth. The latest sale recorded on January 25, 2024, was at $615,000, closely following a previous sale at $619,000 on November 23, 2020. The HouGarden AVM estimates the property's value at $587,500, indicating a stable market perception.

The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Marian College both with a decile rating of 8, and Hagley Community College with a decile of 6. Other schools within the zone are Christchurch Adventist School (decile 5), Christchurch East School (decile 3), and Te Aratai College (Year 7&8) with a decile of 3, offering a range of educational options for families.

Updated on April 06, 2024.