Located at 201/34 Cranmer Square, Christchurch Central, this luxurious 2-level apartment is a prime example of modern living in the heart of the city. With 1 bedroom, 1 bathroom, and no car parks, the property spans a floor area of 69m². Constructed in 2020, it features roughcast walls and an iron roof, both in good condition. The apartment is part of a residential complex and holds a Unit Title ownership. Its level contour and high-quality finishes, including a spacious open-plan kitchen and living area with a north-facing balcony, make it an attractive option for professionals, investors, or downsizers. The sleek upstairs mezzanine double bedroom comes with a walk-in robe and a quality ensuite, boasting a large wet floor shower and under-tile heating. The bespoke kitchen is equipped with high-quality appliances and a cafe-style splashback tiling, complementing the living area that includes a heat pump and a large screen Panasonic TV.
The property's capital value has seen a significant increase, from $540,000 in August 2019 to $650,000 in August 2022, marking a 20.37% growth. The latest sale recorded on April 13, 2023, was at $635,000, slightly below the HouGarden AVM of $637,500. This growth trajectory underscores the property's value appreciation over time.
Situated in a top location, the apartment offers easy access to prestigious schools, including Burnside High School (decile 8), Heaton Normal Intermediate (decile 9), Christchurch Boys' High School (decile 10), and several others, ensuring a range of educational options for families. Its proximity to the Art Gallery, the Terrace, the Convention Centre, Hagley Park, Victoria St's boutiques, eateries, bars, and the hospital, further enhances its appeal, making it a secure and convenient choice for city living.
Updated on March 21, 2024.
