Located at 2/48 Mathesons Road, Phillipstown, Christchurch, this residential property offers a modern living experience with its 2 bedrooms, 1 bathroom, and a floor area of 79 square meters. Built in 2022, the unit boasts a good condition fibrous cement wall construction and an iron roof, both in good condition. The property, categorized under Residential - Ownership home units, sits on a level contour with a Unit Title ownership type, emphasizing its appeal for those seeking a hassle-free living arrangement. Despite having no car parks, its strategic location and design compensate, offering a convenient and comfortable lifestyle.
The property has seen a significant capital value increase from $375,000 in August 2019 to $585,000 in August 2022, marking a 56% growth. The latest sale recorded on January 24, 2024, was at $493,000, with a HouGarden AVM of $557,500. This growth trajectory underscores the property's investment potential and the increasing demand in the Phillipstown area. The description highlights the unit's appeal, noting its suitability for first home buyers or investors, boasting features like double glazing, a heat pump, and two double bedrooms with en-suite bathrooms. The open plan living area, complemented by a well-appointed kitchen, opens to a patio, enhancing the living experience.
The property is zoned for several schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Te Waka Unua School with a decile of 2, Hillview Christian School and Christchurch Adventist School with deciles of 7 and 5 respectively, Hagley Community College and Marian College both offering secondary education with deciles of 6 and 8, and Te Aratai College (Year 7&8) with a decile of 3. This variety offers great educational options for families considering this property.
Updated on April 06, 2024.