9 Marcroft Street, Woolston, Christchurch

Nestled in a serene cul-de-sac at 10/9 Marcroft Street, Woolston, Christchurch, this 2023-built townhouse boasts a freehold title and a well-maintained mix of wall materials with an iron roof. The 2-bedroom, 1-bathroom unit spans a floor area of 71 square meters on a level plot of 108 square meters. It includes a carpark and features modern amenities like a heat pump and double glazing. The property's capital value stands at $590,000, with a HouGarden AVM estimate of $592,500, reflecting a promising investment opportunity. The latest sale was recorded on October 3, 2022, at $569,000, indicating a significant growth potential.

With a capital value increase that speaks volumes, this property is not just a home but a smart investment. It's currently tenanted, generating a healthy rental income of $530pw, and is compliant with healthy homes standards. The open plan living area extends to a private, sunny deck, enhancing the appeal of this already attractively priced property below its capital value.

For families, the property falls within a desirable school zone. It is served by Middleton Grange School (Decile 9), Linwood Avenue School (Decile 2), Hillview Christian School (Decile 7), and others, offering a range of educational options. Close to Eastgate mall, Te Poe Toetoe Linwood Pool, and accessible to main transport routes, this property is not just a home, but a part of a thriving community.

Updated on September 03, 2024