38 Cicada Place, Hei Hei, Christchurch

Nestled at the end of a serene cul-de-sac in the coveted Hei Hei neighborhood of Christchurch, lies this charming 3-bedroom, 1-bathroom residence, complete with a single carpark on a sprawling 656sqm freehold section. Constructed in 1980 with robust concrete walls and an iron roof, both in good condition, this property offers a comfortable and functional living space of 113sqm. The capital value has seen a remarkable increase of 41.77% from $395,000 in 2019 to the current $560,000, reflecting its investment potential. The latest sale history includes a transaction in 2019 for $388,500, with a HouGarden AVM estimate of $542,500, indicating a stable market presence.

With a prime location within the catchment area of esteemed schools, including Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), this property is an ideal choice for families. Other schools in the zone are Hornby High School Years 7-8 (Decile 3), Hornby Primary School (Decile 3), Middleton Grange School (Years 11-13, Decile 9), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6), providing a range of educational options.

Whether you seek a family home, a starter home, or a sound investment, 38 Cicada Place is a must-see. The open plan living area with a modern kitchen, the sliding door leading to a decked patio, and the securely fenced backyard offer both convenience and safety. The property boasts a heat pump, HRV system, and a versatile garage, making it a perfect blend of comfort and potential for further enhancement.

Updated on August 30, 2024