5/309 Armagh Street, Christchurch Central, Christchurch

Nestled in a serene cul-de-sac at 5/309 Armagh Street, Christchurch Central, this freehold property is a charming residential unit. It boasts a single bedroom, a bathroom, and a modest floor area of 56 square meters on a level plot of 69 square meters. The Iron roof and Wood exterior walls are both in good condition, reflecting the building's youth as of 2023. This property is an ideal investment, given its CV of $450,000 as of August 2022, a significant increase of 12.5% from the $400,000 valuation in August 2019. The property's latest sale history includes transactions on June 24, 2024, and March 16, 2020, both at $405,000, with the HouGarden AVM estimating the property's value at $442,500.

For families with school-aged children, the property falls within the catchment area of several well-regarded institutions. Middleton Grange School, a composite school with a decile rating of 9, caters to Years 11-13. Other schools in the zone include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Christchurch East School (a full primary with a decile of 3), Hagley Community College (a secondary school with a decile of 6), Marian College (a secondary school with a decile of 8), and Te Aratai College for Years 7 & 8 (decile 3).

Updated on August 07, 2024