7/544 Barbadoes Street, Edgeware, Christchurch

Nestled in the heart of Edgeware, Christchurch, at 7/544 Barbadoes Street, lies this charming residential unit. Constructed in 1974 with concrete walls and an iron roof, this 60 square meter, 2-bedroom, 1-bathroom home with a single carpark is a prime example of practical living. The cross-lease property is maintained to an average standard, both inside and out, and boasts a level contour on a quiet cul-de-sac. The capital value has surged by 62.5% from $240,000 in 2019 to $390,000 in 2022, with a HouGarden AVM estimate of $387,500. The latest sale history shows a significant increase from $69,000 in 1996 to $407,500 in 2024, indicating a robust investment opportunity.

For families, the property is zoned for esteemed schools such as St Albans School with a decile rating of 8, Middleton Grange School at 9, and others, ensuring a quality education for children of all ages. The unit complex presents a sun-drenched haven with a private garden and a courtyard, perfect for relaxation and entertainment, while the carport adds practical convenience.

With the current owner seeking offers due to an overseas relocation, this property is an attractive prospect for first-time buyers or savvy investors looking to enter the market or expand their portfolio in a desirable school zone.

Updated on November 06, 2024