Nestled on a spacious 873 sqm of Freehold land, this charming character villa at 70 Sullivan Avenue, Woolston, Christchurch, boasts approximately 140 sqm of floor area. Constructed in 1915 with wood walls and an iron roof, both in fair condition, the property features three large double bedrooms, three car parks, and potential for two bathrooms. The current Capital Value (CV) of $750,000 represents a significant increase of 56.25% from $480,000 in 2019. The property's contour is level, and it holds potential for redevelopment or renovation, given its zoning (RSDT) and the possibility of a second dwelling. The latest sale was in 2001 for $161,000, while the HouGarden AVM estimates the property at $685,000.
For families, the property falls within the decile 9 Middleton Grange School zone and is close to other well-rated institutions such as Hillview Christian School (decile 7), Hagley Community College (decile 6), Marian College (decile 8), and more. This addresses both current and future educational needs.
With a touch of creativity and effort, this property presents a golden opportunity to enhance value and create a beautiful space for family and friends to cherish for years to come. Don't miss the chance to explore this property's vast potential.
Updated on December 03, 2024