Nestled in the serene Bentley Street of Russley, Christchurch, this 3-bedroom townhouse with a floor area of 140sqm presents an attractive opportunity for homebuyers and investors alike. Constructed in 1997 with sturdy brick walls and an iron roof in good condition, the property sits on a level contour with a private, fully fenced patio and garden area. It boasts open-plan living, double glazing, and two heat pumps for year-round comfort. The property is under a Cross-Lease title with two car parks and an internal access double garage. Notably, the capital value has seen a significant increase of 42.22% from $450,000 in 2019 to the current $640,000 as per the government valuation. The HouGarden AVM estimates the property at $612,500, while the latest sale history shows transactions at $570,000 in 2021 and $445,000 in 2017.
For families with children, the property falls within the catchment of several well-regarded schools. Russley School, a Full Primary, is rated at a decile of 7. Surrounding secondary options include Villa Maria College at decile 9, St Thomas of Canterbury College at decile 8, and Riccarton High School at decile 6. Other educational institutions in the vicinity include Middleton Grange School and Christchurch Adventist School, catering to various year levels and deciles.
With easy access to arterial routes and public transport, this townhouse is not only convenient but also holds potential for further value appreciation. Whether you seek a comfortable family home or a sound investment, this property is worth considering.
Updated on April 29, 2024