Nestled at 3 Hood Street in the serene New Brighton neighborhood of Christchurch, this residential property is a charming blend of classic and comfort, built in 1960. It boasts a freehold title, ensuring full ownership and autonomy. The home is constructed with robust brick walls in average condition and a good-quality iron roof, providing both durability and a touch of nostalgia. With a floor area of 65 square meters and a land area of 272 square meters, it stands as a perfect example of a home and income opportunity. The property features one bathroom and no designated car parks, making it a cozy and compact living space.
As for financials, the property's Capital Value (CV) as of August 2022 was $430,000, and according to HouGarden AVM, it is valued at $417,500. Notably, the latest sale on June 11, 2024, fetched a price of $450,000, indicating a promising growth trend in the property's market value.
For families with children, the property falls within a desirable school zone. With a decile rating that reflects its high standard, the local schools are well-regarded for their academic excellence and community engagement, making this property an attractive option for those seeking quality education for their children.
Updated on August 01, 2024