3/14 Church Square, Addington, Christchurch

Nestled in the serene Church Square of Addington, Christchurch, this 2-bedroom, 1-bathroom townhouse with a single carpark presents an attractive opportunity for first-home buyers or investors. Constructed in 1976 with mixed materials for the walls and iron for the roof, this cross-lease property sits on a level contour with average wall and roof conditions. The floor area spans 70 square meters, offering an indoor-outdoor flow to a private deck. The recent renovation includes fresh paint and new carpeting throughout, while the low-maintenance grounds are securely fenced. The property has shown a significant Capital Value (CV) increase of 61.36% from $220,000 in 2019 to $355,000 as of 2022. HouGarden AVM estimates the property value at $340,000, with the latest sale recorded on May 27, 2022, at $375,000.

Educationally, the property falls within the zones of several reputable schools, including Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), making it an ideal location for families. The area boasts easy access to local amenities, Hagley Park, and is within comfortable reach of the Public Hospital and the CBD.

With such a prime location and a modernized living space, this townhouse is a golden opportunity not to be missed.

Updated on October 21, 2024