426a Innes Road, Mairehau, Christchurch

This well-presented sunny rear standalone townhouse at 426a Innes Road, Mairehau, Christchurch, boasts 2 bedrooms, 2 bathrooms, and 2 car parks, covering a floor area of 110 square meters. Constructed in 1996 with brick walls and an iron roof, both in good condition, this property sits on a level contour and is under a Cross-Lease ownership type. The residence is described as a Residential - Dwelling, highlighting its low maintenance gardens and proximity to amenities.

From a financial perspective, the capital value of this property has seen a significant increase, from $395,000 in August 2019 to $590,000 in August 2022, marking a 49.37% growth. The latest sale recorded on January 28, 2024, was at $566,000, slightly below the HouGarden AVM of $562,500. This growth trajectory underscores the property's appreciating value in a vibrant market.

The property is zoned for several reputable 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 several others covering a range of educational levels and decile ratings. This makes it an ideal location for families prioritizing education.

Updated on April 06, 2024.