Nestled in the serene cul-de-sac of 2/305 Selwyn Street, Spreydon, Christchurch, this residential unit boasts a charming 2-bedroom, 1-bathroom layout, complemented by a single carpark and a floor area of 98 square meters. Constructed in 1997 with a robust brick exterior and iron roof, both in good condition, the property sits on a level contour and is held under a Cross-Lease ownership title. The capital value has seen a rapid increase of 39.68% from $315,000 in 2019 to $440,000 as of 2022, while the HouGarden AVM estimates it at $427,500. Notably, the latest sale history includes a transaction in 2014 at $315,000 and the initial sale in 1997 at $134,200.
With a prime location within the catchment area of several esteemed schools, such as Villa Maria College (Decile 9) and Cashmere High School (Decile 9), this property is an investor's or family's dream. Other schools in the zone include St Thomas of Canterbury College (Decile 8), Middleton Grange School, and more, offering a diverse range of educational options for all ages.
Perfect for first-time buyers or those seeking a downsized living space, this unit is move-in ready with potential for personal updates. The spacious living areas, sunlit conservatory, and well-sized bedrooms provide comfort and privacy, while the functional bathroom and internal access garage add convenience. Located near Barrington Mall and the City Centre, with easy access to public transport, this property invites you to seize a sought-after opportunity in a thriving neighborhood.
Updated on July 18, 2024