Nestled in the serene Wainoni Road, Avondale, Christchurch, lies a charming 2-bedroom, 1-bathroom residence with a single carpark. This 1970-built home with concrete walls and tiled roof is maintained in good condition, sitting on a level contour. It's a cross-lease property, offering an ownership type of residential home units. The capital value has seen a rapid increase of 49%, from $255,000 in 2019 to the current $380,000. The property's HouGarden AVM is valued at $372,500, with the latest sales recorded at $390,000 in 2024 and $322,500 in 2023.
With a CV growth rate that's impressive, this property is not just a home but a sound investment. It's located in a desirable school zone, with Middleton Grange School (Decile 9) and Marian College (Decile 8) being the highlights. Other schools in the area include Hillview Christian School (Decile 7), Chisnallwood Intermediate (Decile 5), Haeata Community College (Decile 1), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), all catering to diverse educational needs.
Renovated with a modern touch, this home boasts a new kitchen and bathroom, spacious bedrooms with built-in robes, and a separate toilet. It's TC3 zoned, fully compliant with Healthy Homes standards, and comes with EQC works completed. The location is convenient, near Avondale Golf Club, New Brighton Hot Pools, and Pak’nSave. Don't miss the opportunity to secure this property before the owner relocates to the UK.
Updated on August 14, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.40 km | 2 | 1 | -m2 | Year 2024 Month 12 Day 23 | - | Council approved | |
 | 0.22 km | 2 | 1 | 100m2 | Year 2024 Month 12 Day 06 | - | Council approved | |
 | 0.19 km | 3 | 131m2 | Year 2024 Month 11 Day 01 | $400,000 | Council approved | ||
0.44 km | 3 | 1 | 102m2 | Year 2024 Month 10 Day 31 | $559,000 | Council approved | ||
 | 0.48 km | 3 | 1 | 100m2 | Year 2024 Month 08 Day 09 | $650,000 | Council approved |