1/56 Geraldine Street, Edgeware, Christchurch

Nestled in the charming Edgeware neighborhood at 1/56 Geraldine Street, this contemporary townhouse boasts a smart, low-maintenance design that is perfect for investors, professionals, and first-home buyers. Constructed with iron walls and roof, this 2021-built home features 2 bedrooms, 1 bathroom, and a single carpark. The 97sqm floor area is enhanced by an open-plan living space and a reliable heat pump for year-round comfort. The property, held under a Unit Title, has seen a significant Capital Value increase of 51.16% from $430,000 in 2019 to the current $650,000. The latest sale history shows transactions at $459,000 and $455,000, while the HouGarden AVM estimates the property at $602,500.

With a CV growth that outpaces the market, this property also enjoys a prime location within the catchment area of esteemed schools. Middleton Grange School, a Composite institution with a decile rating of 9, is one of the many educational highlights. Others include Emmanuel Christian School, Shirley Intermediate, Banks Avenue School, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, all within reach and offering diverse educational opportunities.

Not only does this townhouse benefit from a desirable school zone, but it also sits in a private, sun-drenched setting with a level contour, making it an ideal choice for those seeking privacy, sunshine, and the convenience of a garage.

Updated on June 06, 2024