1/494 Barbadoes Street, Edgeware, Christchurch

Nestled in a prime location of Edgeware, Christchurch, this 1973-built residential unit at 1/494 Barbadoes Street boasts a charming facade of brick and a robust iron roof. Configured with 2 bedrooms, 1 bathroom, and a floor area of 54 square meters, it sits on a level contour under a Cross-Lease ownership. The property, with a CV of $475,000 as of August 2022, has shown a remarkable growth of 46.15% since August 2019. The latest sales history in 2024 and 2022 reflects a strong market value, with prices of $485,000 and $455,000 respectively. The HouGarden AVM estimates the property at $437,500, making it an attractive opportunity for both homeowners and investors.

With a sunny aspect and a private deck for outdoor enjoyment, this move-in ready home is equipped with modern amenities, including double glazing and a heat pump. The property is in the zone for several reputable schools, including Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8), ensuring quality education for the family. Other schools in the area include Shirley Intermediate and Banks Avenue School, both at Decile 4, reflecting a diverse range of educational options.

Conveniently located, this property is perfect for those seeking a lifestyle change, with easy access to the CBD and local shops. The combination of a warm, inviting home in a desirable school zone presents a compelling case for buyers looking to make their first step onto the property ladder or for investors seeking a low-maintenance asset.

Updated on December 11, 2024