1/278 Hills Road, Mairehau, Christchurch

Nestled in the serene environment of 1/278 Hills Road, Mairehau, Christchurch, this residential dwelling boasts a generous floor area of 130 square meters. Constructed in 1940 with wood walls in good condition and a fibrous cement roof in average condition, this cross-lease property offers 4 bedrooms, 2 car parks, and the comfort of a heat pump. The property sits on a level contour, providing an easy-care section at the rear, fenced and gated for privacy.

As for the financials, the capital value has seen a substantial increase from $340,000 in August 2019 to $510,000 in August 2022, indicating a 50% growth. The HouGarden AVM estimates the property's worth at $500,000, while the latest sale history records a transaction at $620,000 in June 2024, a significant jump from the $215,000 sale in June 2005.

For families with children, the property falls within the catchment area of several reputable schools. Middleton Grange School (Years 11-13) and Emmanuel Christian School both have a high decile rating of 9 and 8 respectively. Other schools in the zone include Shirley School, Shirley Intermediate, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, catering to various educational stages and needs.

Updated on August 21, 2024