9/868 Colombo Street, Christchurch Central, Christchurch

Nestled in the heart of Christchurch Central at 9/868 Colombo Street, this residential apartment boasts a modern design with 2 bedrooms, 1 bathroom, and a single car park. Constructed in 1999 with concrete walls and an iron roof, both in good condition, this unit title property offers a level contour and a floor area of 69 square meters. The property's capital value has seen a significant increase from $410,000 in 2019 to $550,000 as of 2022, reflecting a growth rate of 34.15%.

With a HouGarden AVM of $535,000, the latest sale history includes a transaction on July 8th, 2024, for $515,000, following a previous sale on November 12th, 2019, for $407,500. These figures indicate a promising investment opportunity in a property that has consistently appreciated in value.

For families with school-aged children, the property falls within the catchment area of several high-performing schools. Christchurch Boys' High School and Elmwood Normal School, both rated 10 on the decile scale, are among the notable institutions. Christchurch Girls' High School and Middleton Grange School are also in close proximity, each with a decile rating of 9, ensuring a high standard of education for the community.

Updated on August 28, 2024