Nestled in the heart of Christchurch Central at 2/358 Madras Street, this 2019-built residential townhouse boasts 3 bedrooms, a carpark, and a floor area of 104sqm on a levelled 111sqm freehold section. The property features concrete walls in good condition and an iron roof, also well-maintained. The current Capital Value (CV) of $610,000 represents a significant increase of 37.1% from the 2019 CV of $445,000. The latest sale in June 2021 was recorded at $620,750, closely matching the HouGarden AVM of $602,500.
With a prime location, the property is within walking distance to all amenities and services. The fully furnished home offers convenience and comfort, perfect for those seeking an inner-city lifestyle. The property is in a sought-after school zone, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8), among others.
For families with children, the educational opportunities are vast, with a range of schools catering to different age groups and needs. This townhouse not only presents a sound investment with its rising CV but also a chance to be part of a thriving community with excellent educational facilities.
Updated on November 12, 2024