Nestled in the serene cul-de-sac of 15 Torrens Road, Hillmorton, Christchurch, this freehold property offers a promising investment with a current Capital Value (CV) of $530,000, a significant increase from $365,000 in 2019, marking a growth of 45.21%. Constructed in 1970 with robust brick walls and tiled roofing, the dwelling boasts three bedrooms, a spacious floor area of 111sqm, and a generous land size of 506sqm. Complete with two car parks and a level contour, this residence is move-in ready with good wall and roof conditions.
History shows a latest sale in 2003 for $176,000, while the current HouGarden AVM estimates the property at $520,000. The CV growth trajectory highlights the investment potential. This property is an ideal choice for those seeking a foothold in the market with the prospect of future upgrades.
For families with school-aged children, the property falls within the zones of esteemed institutions such as Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), among others. This ensures access to quality education within walking or cycling distance.
Updated on August 15, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 3 | 130m2 | Year 2024 Month 09 Day 18 | $648,500 | Council approved | ||
0.13 km | 2 | 1 | 88m2 | Year 2024 Month 08 Day 14 | $537,000 | Council approved | ||
 | 0.59 km | 3 | 1 | 100m2 | Year 2024 Month 07 Day 22 | $590,000 | Council approved | |
0.18 km | 6 | 6 | 200m2 | Year 2024 Month 06 Day 20 | $1,000,000 | Council approved | ||
0.06 km | 210m2 | Year 2024 Month 06 Day 20 | $1,000,000 | Council approved |