282 Madras Street, Christchurch Central, Christchurch

Located at 282 Madras Street, Christchurch Central, this residential apartment offers a unique living experience in the heart of the new Christchurch City. Built in 2016, this property features 2 bedrooms, 1 bathroom, and 1 carpark, with a floor area of 70 square meters. The apartment boasts concrete walls and an iron roof, both in good condition, on a level property contour. It comes with a Unit Title ownership, providing a secure investment or living option.

The capital value of this property has seen a significant increase, from $480,000 in August 2019 to $590,000 in August 2022, marking a 22.92% growth. The latest sale recorded on January 25, 2024, was at $590,000, aligning with the current capital value. The HouGarden AVM estimates the property's value at $562,500. This apartment is a testament to the growing demand and value in Christchurch's real estate market.

Education is a priority, and this property is zoned for several high-decile schools, including Middleton Grange School (decile 9), Marian College (decile 8), and Hillview Christian School (decile 7). Other nearby schools include Christchurch Adventist School (decile 5), Christchurch East School (decile 3), Hagley Community College (decile 6), and Te Aratai College (decile 3), offering a range of educational options for families.

Updated on April 06, 2024.