Nestled in the serene Hillsborough, Christchurch, 24 Hillsborough Terrace is a charming residence that boasts of a freehold title on an expansive 809sqm section. This 1954-built home with brick walls and tiled roof has been well-maintained and offers 3 bedrooms, a bathroom, a separate toilet, and a single carpark. The current Capital Value (CV) of $720,000 reflects a significant increase of 48.5% from $485,000 in 2019, while the HouGarden AVM estimates it at $655,000. This property is not just about numbers; it's about potential and opportunity in a suburb known for its top-rated schools and tranquil lifestyle.
With a CV growth rate that outpaces the market, 24 Hillsborough Terrace has a history of being a sound investment. The recent property sales in the area and the AVM further validate the property's worth. It's a chance to be part of a community that values education, with schools like Villa Maria College and Cashmere High School, both decile 9, in close proximity.
Located in a quiet cul-de-sac, this property falls within the catchment area of several esteemed educational institutions, including St Martins School and Middleton Grange School. The combination of a prime location, a strong CV increase, and a desirable school zone makes 24 Hillsborough Terrace an attractive proposition for families and investors alike.
Updated on December 13, 2024