17 Courtenay Street, Saint Albans, Christchurch

Nestled in the serene Courtenay Street of St Albans, Christchurch, this charming 4-bedroom bungalow, built in 1915, stands on a freehold land of 599 square meters. The residence features aluminium roofing and wooden exterior walls in average condition, with a level contour and a floor area of 137 square meters. This property, with a current Capital Value (CV) of $800,000, has seen a remarkable increase of 56.86% from its previous CV of $510,000 in 2019. The property's 'As Is, Where Is' status presents a unique opportunity for buyers to invest in one of Christchurch's prime suburbs.

With a HouGarden AVM of $770,000 and a history of sales - the latest in 2012 for $250,000 and in 2004 for $330,000, the potential for capital growth is evident. The property is located within the catchment area of esteemed schools such as St Albans Primary, Heaton Intermediate, Christchurch Girls' and Boys' High Schools, all of which are rated highly in the decile system, ensuring a strong demand for properties in the area.

Not only is the property in a desirable school zone, but it's also conveniently located near Merivale and Edgeware Villages, offering easy access to supermarkets, cafes, and restaurants. Just a short stroll away, you'll find the neighborhood's favorite cafe, Meshino's, and the popular Rugby Park. This is a chance to unlock the potential of a property in a thriving market, and to seize the rewards of a wise investment in St Albans.

Updated on October 04, 2024