Nestled at 8/1 Buchan Street, Sydenham, Christchurch, this modern townhouse boasts a vibrant community life with parks, shops, and dining options nearby. Constructed in 2019 with mixed materials for the walls and iron for the roof, this 71 square meter unit with 2 bedrooms, 1 bathroom, and 1 carpark is a prime example of contemporary living. It sits on a level contour and features a unit title ownership. The property has good wall and roof conditions, and it's equipped with a heat pump for climate control.
As per the government's valuation, the capital value has seen a remarkable increase of 53.66% from $410,000 in 2019 to $630,000 in 2022. The HouGarden AVM estimates the property at $587,500, while the latest sale was recorded at $450,000 in 2020. The property's investment potential is further enhanced by its compliance with the Healthy Homes Standards, ensuring a warm and inviting space that tenants appreciate.
For families with children, the property falls within the catchment area of several well-regarded schools. Middleton Grange School rates a decile 9, Hillview Christian School a decile 7, and Marian College a decile 8, to name a few. This townhouse not only offers modern comforts but also a strategic location within a thriving neighbourhood, making it an attractive prospect for both investors and homeowners.
Updated on July 04, 2024