Nestled in the esteemed suburb of Avonhead, this recently refurbished two-bedroom unit is a gem on Merrin Street. Constructed in 1979 with concrete walls and tiled roof, the property stands firm with a good wall and roof condition. It boasts a floor area of 108 square meters and comes with a carpark. The home, on a cross-lease title, is not only warm and cozy with a heat pump and double glazing but also enjoys a level contour and a beautifully kept garden. The capital value has surged by 45% from $400,000 in August 2019 to $580,000 in August 2022, with a HouGarden AVM estimate of $562,500. The latest sale history includes a transaction at $400,000 in 2019 and $242,000 in 2005.
For families, the property is zoned for top-rated schools such as Burnside High School and Merrin School, both with a decile rating of 8. Other nearby schools include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Middleton Grange School (Years 11-13, decile 9), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6). The location is not only convenient to supermarkets, parks, and recreational facilities but also to public transport and the airport.
This unit is perfect for a variety of buyers, from first-timers looking to climb the property ladder to those seeking a more manageable property. The combination of a great location, quality schools, and a well-maintained garden makes this property a hot commodity. Don't miss out on this opportunity!
Updated on August 06, 2024