376 Hills Road, Mairehau, Christchurch

Nestled in the serene Mairehau suburb at 376 Hills Road, this charming residential dwelling on a freehold title is a perfect blend of original charm and modern updates. Constructed in 1950 with wood exterior walls and tile roofing, the property boasts a good condition both inside and out, sitting on a level contour with a spacious floor area of 105 square meters and a generous land size of 635 square meters. It features three bedrooms, a modernized kitchen and bathroom, and an open-plan living area equipped with a newer heat pump and DVS system. The conservatory extends the living space, enhancing the indoor-outdoor flow, while the double garage and ample off-street parking cater to your convenience. The property has seen a significant Capital Value increase of 49.25% from $335,000 in 2019 to $500,000 as of August 2022, with a HouGarden AVM estimate of $455,000. Its recent sale history and CV growth trajectory make it an attractive opportunity for first home buyers or investors.

With a CV increase that outpaces the market, this property's value is on the rise. The HouGarden AVM estimate reflects a promising investment potential, while the most recent sale history underscores the demand for properties in this desirable location. The consistent growth in capital value is a testament to the property's吸引力 and long-term investment viability.

For families with school-aged children, the property falls within the catchment area of several well-regarded schools. Middleton Grange School (Years 11-13) rates a high decile 9, while Emmanuel Christian School and Marian College are both decile 8. Mairehau High School, Mairehau School, and Hagley Community College provide additional options, all within close proximity. This home's potential is untapped, ready for a new owner to make it their own.

Updated on December 05, 2024