2/41 Ely Street, Christchurch Central, Christchurch

Nestled in the heart of Christchurch Central at 2/41 Ely Street, this 3-bedroom, 1-bathroom unit with a single carpark offers an attractive opportunity for homebuyers. Constructed in 2003 with concrete walls and an iron roof, both in good condition, the property sits on a level contour and features a north-facing aspect with a reserve view. The unit has been refurbished, boasting new floor coverings, fresh decor, and a modern kitchen and bathroom. Enjoy the sun on your private balcony off the lounge and master bedroom. The property is a unit title with a shared outdoor area and a ground-floor garage. The current Capital Value (CV) stands at $550,000, marking a 34.15% increase since 2019. The HouGarden AVM estimates the property at $510,000, while the latest sale was in 2003 for $223,500. Educationally, the property falls within the decile 9 Middleton Grange School zone, among others. This is a chance to step onto the property ladder in a prime location with excellent amenities.

With a CV that has seen a significant increase, this property offers a promising investment. The recent valuation and the history of sale reflect a growing capital value, making it an attractive prospect for buyers looking for both a home and an investment.

For families with children, the school network is a key highlight. The property is zoned for several well-regarded schools, including Middleton Grange School (decile 9), Hillview Christian School (decile 7), and Marian College (decile 8), ensuring access to quality education.

Updated on July 05, 2024