Nestled in the serene environment of 2/57 Edward Avenue, this residential unit boasts a prime location in the heart of Edgeware, Christchurch. Constructed in 1968 with concrete walls and an iron roof, both in good condition, the property offers 2 bedrooms, 1 bathroom, and a single carpark. It sits on a level contour with a floor area of 58 square meters and is under a Cross-Lease ownership type. The charm of this home is further enhanced by its recent CV increase of 57.38%, from $305,000 in 2019 to $480,000 in 2022, reflecting its growing value. The latest sale history shows a transaction at $478,000 in 2021, up from $340,000 in 2017, while the HouGarden AVM estimates the property at $460,000.
For families with school-aged children, the property falls within a desirable school zone. Middleton Grange School, a composite institution with a decile rating of 9, is among the many esteemed schools in the area. Others include Emmanuel Christian School, Shirley School, Shirley Intermediate, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, all offering a range of educational options.
With its tranquil yet convenient setting, this property is perfect for those seeking a balanced lifestyle. The proximity to the CBD, Edgeware Village, and The Palms Shopping Centre adds to the appeal, making this an opportunity not to be missed.
Updated on October 10, 2024