5/120 Chester Street East, Christchurch Central, Christchurch

Nestled at the core of Christchurch, this pristine townhouse at 5/120 Chester Street East boasts a vibrant city lifestyle. It features 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 130 square meters. Constructed in 1990 with mixed materials for the walls and iron for the roof, both are in good condition. This cross-lease property is set on a level contour, offering a low-maintenance living experience. The capital value has seen a rapid increase from $480,000 in 2019 to $700,000 in 2022, a growth rate of 46%. The HouGarden AVM estimates the property at $670,000, while the latest sales were recorded at $395,000 in 2015 and $185,000 in 2000.

For families, the property falls within the catchment of several esteemed schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Hagley Community College (Decile 6), among others. This educational network ensures quality schooling options for children of all ages.

With its central location, the property is close to an array of amenities, from the shopping and dining hub of New Regent Street to the Riverside Market. The serene privacy and the rare benefit of an internal access garage make this townhouse an attractive investment opportunity or a perfect city home for professionals.

Updated on October 04, 2024