Nestled down a serene driveway, this recently renovated two-bedroom, one-bathroom townhouse with a brick exterior and iron roof, offers a perfect blend of privacy and convenience. As a unit title property, it boasts a floor area of 80 square meters and comes with two car parks. Constructed in 2005 and well-maintained, the residence is situated on a level contour in the sought-after suburb of Edgeware, Christchurch. The property's Capital Value (CV) has seen a significant increase of 60% from $375,000 in 2019 to $600,000 as of 2022. HouGarden's AVM estimates the property's value at $602,500, while the latest sale was recorded at $510,000 in 2024, a testament to the area's growth potential.
With a CV increase that outpaces the market, this property is not just a home but a sound investment. The recent sale history and AVM reflect the property's allure, making it an attractive prospect for a variety of buyers. The townhouse's modern finishes and open-plan living spaces are complemented by a north-facing outdoor area, ideal for year-round enjoyment.
Edgeware's school network is a major draw, with Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8) being the highlights. Other schools in the area include Shirley School, Shirley Intermediate, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, catering to a range of educational needs. This property is not just about the numbers; it's about the lifestyle and future opportunities that come with residing in a quality location.
Updated on September 11, 2024