42 Kaniere Avenue, Hei Hei, Christchurch

Located at 42 Kaniere Avenue, Hei Hei, Christchurch, this exceptional three-bedroom home is a standout with its brick walls, tile roof, and freehold ownership type. Built in 2004, the property boasts a floor area of 175 square meters on a level 709 square meter land area. The home is in good condition, featuring a spacious living area, an open kitchen, dining area, and a separate lounge. The master bedroom includes a walk-in wardrobe and ensuite, complemented by a second family bathroom, a guest toilet, and a separate laundry. Parking is ample with a double internal garage and off-street parking, making this an ideal investment or family home.

From its last sale in 2007 for $380,000, the property has seen a significant increase in capital value, now estimated at $740,000 as of August 2022, marking a 48% increase. The HouGarden AVM estimates the property's value at $730,000. Currently tenanted until August 2024 at $550 per week, this property presents a solid investment opportunity.

The property is zoned for several schools, including Villa Maria College and Middleton Grange School, both with a decile rating of 9, indicating high educational standards. Other nearby schools include Hornby High School, Gilberthorpe School, St Thomas of Canterbury College, Christchurch Adventist School, and Hagley Community College, offering a range of options for families.

Updated on March 21, 2024.