39 Monaghan Street, Northwood, Christchurch

Nestled in the tranquility of a cul-de-sac on Monaghan Street, Northwood, Christchurch, stands this delightful 2-bedroom townhouse on a cross-lease title. Constructed in 1987 with robust brick walls and tiled roofing, the property presents a well-maintained facade and roof in good condition. Spacious at 110 square meters, it includes a single car park and comfortable living areas that exude warmth, thanks to the efficient wood burner. The capital value has seen a significant increase of 48.15% from $405,000 in 2019 to the current $600,000 as of August 2022. The HouGarden AVM estimates the property at $572,500, while the latest sale records from 2002 indicate a price of $152,500, showcasing the property's consistent growth. Notably, the townhouse is located within a highly sought-after school zone, including Christ the King School with a decile rating of 8, and Villa Maria College rated 9, among others, ensuring top-notch education for the family.

Boasting a serene garden setting, the property invites outdoor relaxation and entertainment on its deck with a pergola, extending from both the open-plan kitchen and dining area and the separate lounge. The private and secure courtyard is perfect for family gatherings and BBQs. The beautifully landscaped gardens offer a peaceful retreat for the new owners. With its prime location, convenient amenities nearby, and a school network that ranks among the best, this stand-alone townhouse represents an ideal sanctuary for comfortable family living.

Part of a desirable locale, this property falls within the catchment area of several esteemed schools. Christ the King School provides a full primary education, while Villa Maria College and Middleton Grange School cater to secondary and composite education respectively, all with high decile ratings. The proximity to these educational institutions is a significant advantage for families with school-aged children. This townhouse not only offers a peaceful abode but also a sound investment with strong capital value growth and a promising future in the heart of a thriving community.

Updated on April 11, 2024