Nestled at 64 Smith Street, Woolston, Christchurch, this charming bungalow on a freehold section boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1920 with wood walls and an iron roof, both in average condition, this 91sqm home with a 330sqm land area is a perfect blend of classic character and modern conveniences like a heat pump. The property's Capital Value (CV) has seen a remarkable increase of 60.66% from $305,000 in 2019 to $490,000 in 2022, reflecting a rapid growth potential. The HouGarden AVM estimates the property's value at $495,000, with the latest sales recorded at $478,000 in 2024 and $286,429 in 2020.
For families with school-aged children, the property falls within the decile 9 Middleton Grange School zone, along with other well-rated institutions like Te Waka Unua School (decile 2), Hillview Christian School (decile 7), and Marian College (decile 8), offering a wealth of educational opportunities.
With its convenient location, close to the CBD, Eastgate Mall, public transport, and parks, this property is not just a home but a sound investment. Whether you're a first-home buyer or an investor looking to add value, 64 Smith Street presents a golden opportunity.
Updated on September 25, 2024