1/21 Rosewarne Street, Spreydon, Christchurch

Nestled at Unit 1, 21 Rosewarne Street in the serene Spreydon, this delightful three-bedroom, one-bathroom townhouse with a Unit Title ownership is a gem for comfort and convenience. Constructed in 2006 with robust brick walls and a durable iron roof, both in good condition, this home sits on a level contour, exuding an air of modern elegance. It boasts a floor area of 140 square meters, complete with a double garage and an inviting open-plan living space that leads to a private, low-maintenance courtyard. The property has seen a 38.8% increase in Capital Value from $425,000 in 2019 to the current $590,000 as of August 2022. The latest sale history includes transactions of $450,000 in 2018 and $425,000 in the same year, while HouGarden AVM estimates the property at $592,500.

For families with school-aged children, the property falls within the zone of several reputable schools, including the decile 9 Villa Maria College and decile 8 St Thomas of Canterbury College for secondary education, and the decile 4 Hillmorton High School, among others. This provides a range of educational options for growing families.

Not only is the property an excellent investment with a promising CV growth trajectory, but it also enjoys a prime location close to Hagley Park, the hospital, and a variety of dining establishments. The soon-to-be-finished Te Kaha Stadium and Parakiore Aquatic Centre promise endless entertainment, while the Barrington Shopping Centre adds to the convenience. Whether you seek a peaceful retreat or an investment that appreciates over time, this townhouse is a perfect blend of comfort, convenience, and potential.

Updated on September 11, 2024