1/41 Ely Street, Christchurch Central, Christchurch

Nestled in the heart of Christchurch Central at 1/41 Ely Street, this delightful 83sq/m, 2-bedroom unit with a full bathroom and unit title ownership is a gem. Constructed in 2005 with concrete walls and an iron roof, both in good condition, the property sits on a level contour, offering ease of access and ample usable outdoor space. The interior boasts a recently refurbished kitchen with new appliances and a modernized bathroom, complemented by a spacious living area and a single internal access garage with additional large storage.

With a current Capital Value (CV) of $500,000, the property has shown a remarkable increase of 35.14% since 2019. The HouGarden AVM estimates the property at $455,000, while the latest sales history shows a consistent rise from $250,000 in 2005 to $280,000 in 2006. This trend highlights the property's potential as a sound investment for both first-time buyers and investors.

For families with school-aged children, the property falls within a highly sought-after school zone. Middleton Grange School (Decile 9) caters to Years 11-13, Hillview Christian School (Decile 7) and Christchurch Adventist School (Decile 5) are also nearby, along with secondary schools Mairehau High (Decile 4) and Hagley Community College (Decile 6), and Marian College (Decile 8). This centrally located property is ready for immediate possession and is a prime opportunity not to be missed.

Updated on December 03, 2024