121 Caledonian Road, Saint Albans, Christchurch

Nestled in the heart of Saint Albans, Christchurch, this meticulously renovated unit at 121 Caledonian Road boasts a prime location. It features 2 bedrooms, 1 bathroom, and a single carpark, all within an 80sqm floor area. Constructed in 1950 with concrete walls and tiled roofing, this cross-lease property is in good condition both inside and out. The property's Capital Value (CV) has seen a rapid increase from $360,000 in 2019 to $530,000 in 2022, reflecting a growth rate of 47.22%. The HouGarden AVM estimates the property's value at $535,000, in line with the latest sale price of $535,000 in 2024, and a previous sale in 2018 for $362,000.

For families with school-aged children, the property falls within the highly sought-after zones of Christchurch Girls' High School, Christchurch Boys' High School, Heaton Normal Intermediate, and St Albans School. These schools are known for their high decile ratings, providing an excellent education for the young ones. The property's convenient access to major bus routes, proximity to Merivale shops, Hagley Park, and the central city make it an ideal choice for those who enjoy city living without compromising on comfort and convenience.

With its fully fenced outdoor green space, this property offers a serene retreat while being close to all the amenities that matter. It's a race against time to secure this property in a highly competitive market, so act fast to secure your slice of paradise in the city.

Updated on September 25, 2024