Welcome to 2/57 Bordesley Street, Phillipstown, Christchurch, a residential ownership home unit that offers a blend of comfort and convenience. This property features two double bedrooms, one bathroom, and one carpark, with a floor area of 50 square meters. Constructed in 1976, the building boasts concrete walls in good condition and an iron roof also in good condition, ensuring durability and low maintenance. The property is on a level contour and comes with a Cross-Lease ownership type, making it an attractive option for those looking for a hassle-free investment or a cozy abode.
The capital value of this property has seen a significant increase, from $200,000 in August 2019 to $335,000 in August 2022, marking a 67.5% growth. The latest sale recorded on January 4, 2024, was at $345,000, up from $150,000 in October 2008. With a HouGarden AVM of $330,000, this property presents a promising investment opportunity, especially considering its negotiable price over $346,000. The property also comes with a LIM and Title available for quick possession.
Located in a desirable school zone, this property offers access to a range of educational institutions including Middleton Grange School (decile 9), Te Waka Unua School (decile 2), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), and Te Aratai College (decile 3). This diverse selection ensures that families have multiple options for quality education.
Updated on March 21, 2024.