1 Allard Street, Edgeware, Christchurch

Nestled in the heart of Edgeware, Christchurch, this 3-bedroom, 1-bathroom residence with 2 car parks presents an opportunity for homeowners and investors alike. Constructed in 2016, the property features roughcast walls, an iron roof, and a level contour, all in good condition. It is situated on a cross-lease title, offering a floor area of 145 square meters. The capital value has seen a remarkable growth of 47.66%, from $535,000 in 2019 to $790,000 as of 2022, reflecting its increasing desirability. The latest sale history is marked at $750,000 in 2024, with a HouGarden AVM estimate of $795,000.

With a prime location within a highly regarded school zone, this property is close to Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and several other well-performing institutions. The educational opportunities are vast, catering to a range of ages and school types.

Not only is this property a gem in terms of location and value appreciation, but it also offers the epitome of smart, easy-care living. The open-plan living area, galley-style kitchen, and separate lounge with a skylight provide both comfort and style. The addition of a home office and a well-appointed bathroom further enhance the functionality of this townhouse. Outside, a sunny courtyard and a low maintenance, fully fenced section await. This is a perfect blend of convenience, comfort, and potential investment returns.

Updated on September 18, 2024