19b Torrens Road, Hillmorton, Christchurch

Nestled in the serene Hillmorton neighborhood of Christchurch, 19b Torrens Road stands as a prime example of purpose-built rental flats. This freehold property, built in 1970, boasts a solid brick exterior and a robust iron roof, both in good condition. It offers a spacious floor area of 210 square meters on a level contour, with an ample land area of 875 square meters and parking for four cars. The property's capital value has seen a remarkable increase of 73.9%, from $690,000 in 2019 to the current $1,200,000 as of August 2022. The HouGarden AVM estimates the property's worth at $1,117,500, with the latest sale recorded at $1,000,000 in June 2024, following a previous sale at $1,253,000 in June 2013.

For families with school-aged children, the property falls within a highly sought-after school zone. It is in close proximity to Villa Maria College, a secondary school with a decile rating of 9, St Thomas of Canterbury College with a decile rating of 8, Middleton Grange School (Years 11-13) with a decile rating of 9, and several other reputable institutions.

Updated on July 03, 2024