This two-bedroom unit located at 6/225 Edgeware Road, Edgeware, Christchurch, offers a unique opportunity for cash-ready buyers, investors, or anyone looking for a bargain. Constructed in 1974 with concrete walls and an iron roof, the property is in good condition, featuring a floor area of 60 square meters. It is a Cross-Lease property categorized as Residential - Ownership home units. The unit boasts two bedrooms, a spacious living room, a separate kitchen, a bathroom, and a separate laundry. It is equipped with a heat pump and insulation, ensuring warmth and comfort throughout the year. Additionally, the unit includes a single lock-up garage, an extra parking spot, a private low-maintenance garden in the front, and a communal clothes drying area. Its convenient location near Edgeware Village and close to the central city provides easy access to local amenities.
The property has seen a significant increase in capital value, from $230,000 in August 2019 to $360,000 in August 2022, marking a 56.52% increase. The current HouGarden AVM is estimated at $352,500. This property is being sold 'As Is Where Is' and is currently vacant, ready for new owners to make it their own.
Located in a desirable school zone, this property is near several schools including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Emmanuel Christian School (Composite Year 1-10) with a decile of 8, and others ranging from decile 3 to 8, catering to a wide range of educational needs. This makes it an ideal choice for families looking for quality education options.
Updated on March 25, 2024.