Nestled in the serene Collins Street of Addington, Christchurch, this 2006-built freehold townhouse boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with robust brick walls and an iron roof, both in good condition, this 88sqm floor area residence sits on a level 296sqm land. The property's Capital Value (CV) has seen a remarkable increase of 61.11% from $360,000 in 2019 to $580,000 as of 2022. The latest sale history includes transactions of $475,500 in 2021 and $364,000 in 2016, while the current HouGarden AVM estimates it at $562,500.
With a central heat pump, an open-plan living, dining, and kitchen area that leads to a fenced lawn and garden, this home offers comfort and convenience. It's located less than 3km from the CBD and in close proximity to Hagley Park, making it an ideal choice for young professionals, downsizers, and retirees who appreciate the tranquility of the neighborhood and the nearby Church Square, just a 3-minute walk away.
Education opportunities are abundant, with schools such as Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Middleton Grange School (Decile 9) in the zone. This property not only presents a cozy living space but also a solid investment with a proven income stream from current tenancy.
Updated on August 15, 2024