Located at 2/50 Koromiko Street, Saint Martins, Christchurch, this residential property offers a serene and convenient lifestyle for those over 60. Built in 2005, the home features two bedrooms, one bathroom, and a single carpark, with a total floor area of 80 square meters. The property is constructed with brick walls and tile roofing, both in good condition, and sits on a level contour with a Unit Title ownership type. Its design and construction promise low maintenance and easy living, highlighted by double glazing, full insulation, and a heat pump for energy efficiency and comfort throughout the year.
The property has seen a significant increase in capital value, from $355,000 in August 2019 to $500,000 in August 2022, marking a 40.85% growth. The latest sale was recorded on December 13, 2023, for $495,000, closely aligning with the HouGarden AVM of $480,000. This demonstrates the property's strong market appeal and investment potential.
Education is a priority in this locale, with access to several high-decile schools including Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, Cashmere High School, St Martins School, Hillview Christian School, Christchurch Adventist School, and Hagley Community College. These schools range from decile 5 to 9, offering quality education options for families.
Updated on April 06, 2024.