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1/30 Park Terrace, Christchurch Central, Christchurch, 5 Bedrooms, 0 Bathrooms

Sold: $1,175,000

Sold on 2024 Year 2024 Month 01 Day 17

1/30 Park Terrace, Christchurch Central, Christchurch

5
160m2

Located at 1/30 Park Terrace, Christchurch Central, Christchurch, this residential property boasts 5 bedrooms, a floor area of 160 square meters, and 2 carparks, making it an ideal family home. Constructed in 1987 with mixed materials for the walls and an iron roof, both in good condition, it sits on a level contour under a Cross-Lease ownership type. This property falls under the 'Residential - Ownership home units' category, offering a blend of comfort and convenience.

Over the years, the capital value of this property has seen a significant increase, from $830,000 in August 2019 to $1,180,000 in August 2022, marking a 42.17% growth. The latest sale recorded was on January 17, 2024, for $1,175,000, closely aligning with the HouGarden AVM of $1,130,000. This demonstrates the property's strong market value and investment potential.

The property is zoned for several high-decile schools, including Burnside High School (Decile 8), Heaton Normal Intermediate (Decile 9), Christchurch Boys' High School (Decile 10), Elmwood Normal School (Decile 10), Christchurch Girls' High School (Decile 9), Middleton Grange School (Years 11 - 13) (Decile 9), Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Marian College (Decile 8). This makes it an excellent choice for families prioritizing education.

Updated on April 06, 2024.

Council Data

Last update : 2024 12 11
Improvement value$220,000Reduced by -4% from year 2019
Land value$960,000Increased by 60% from year 2019
CV(Year 2022 Month 08)$1,180,000Increased by 42% from year 2019
View typeNo appreciable view
ContourLevel
Floor area160m²
Decade of construction1987
TitleCB29K/836
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 51122 ON LOT 3 DP 45969 HAVING SHARE IN 539 M2
CouncilChristchurch
Estate descriptionFSIM,1/2,FLAT 1 DEPOSITED PLAN 51122
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Central City

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Puna Wai o Waipapa - Hagley College
1.19 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Girls' High School -Te Kura o Hine Waiora
1.41 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 411
9
Elmwood Normal School
1.85 km
Primary
1-6
Government
Co-Educational
EQI: 377
10
Marian College
1.94 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Heaton Normal Intermediate
2.14 km
Secondary
7-8
Government
Co-Educational
EQI: 404
9
Christchurch Boys' High School
2.43 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 413
10
Christchurch Adventist School
3.42 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Hillview Christian School
3.73 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Middleton Grange School
4.30 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Burnside High School
4.65 km
Secondary
9-15
Government
Co-Educational
EQI: 418
8

Property history

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For developers

Unitary plan:Residential Central City
Land:-
Title:Cross-Lease

Surrounding facilities

Park Terrace Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
7/32 Cranmer Square, Christchurch Central
0.29 km
2
1
49m2
Year 2024 Month 09 Day 16
$510,000
Council approved
34 Park Terrace, Christchurch Central
0.23 km
3
2
-m2
Year 2024 Month 09 Day 03
-
Council approved
15 Peterborough Street, Christchurch Central
0.06 km
1
97m2
Year 2024 Month 08 Day 21
$770,000
Council approved
6 Park Terrace, Christchurch Central
0.37 km
4
2
-m2
Year 2024 Month 07 Day 12
-
Council approved
0.41 km
4
3
148m2
Year 2024 Month 07 Day 01
$1,550,000
Council approved

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