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8 Erewhon Terrace, Hillsborough, Christchurch, 3 Bedrooms, 0 Bathrooms, House

Sold: $671,000

Sold on 2024 Year 2024 Month 05 Day 30

8 Erewhon Terrace, Hillsborough, Christchurch

3
148m2
1492m2

Nestled at 8 Erewhon Terrace, Hillsborough, Christchurch, this 3-bedroom, 2-car park family home is set on a generous 1,492sqm of freehold land. Constructed in 1950 with concrete walls and an iron roof, both in good condition, this property invites renovation enthusiasts and investors to unlock its potential. The current government valuation of $650,000 reflects a significant CV increase of 49.43% since 2019. The property, with a floor area of 148sqm, is zoned for top-rated schools, including Cashmere High School. The latest sale was recorded at $671,000 in 2024, while the HouGarden AVM estimates the property's value at $602,500. This residence, with its 'as is, where is' status, offers a unique opportunity to transform it into a dream home.

With a property contour of steep rise and panoramic views from the wrap-around balcony conservatory, this home is a perfect blend of comfort and potential. The double car garage and ample off-street parking add to the convenience. The location, below the Rapaki Track, provides direct access to the Port Hills, enhancing the appeal for outdoor enthusiasts. The schools in the area, including Middleton Grange School and St Martins School, are all highly rated, making this property an ideal choice for families.

Whether you're looking for a lucrative investment, a project to personalize, or a family home in an excellent school zone, 8 Erewhon Terrace is a golden opportunity waiting to be seized.

Updated on June 26, 2024

Council Data

Last update : 2025 02 26
Improvement value$190,000Reduced by -7% from year 2019
Land value$460,000Increased by 100% from year 2019
CV(Year 2022 Month 08)$650,000Increased by 49% from year 2019
DeckYes
View typeFocal Point Of view - Other
ContourSteep rise
Land area1492m²
Floor area148m²
Decade of construction1950
TitleCB33A/1036;CB3A/1091
Type of titleFreehold
Legal descriptionPT LOT 10 DP 16027, LOT 11 DP 16027
CouncilChristchurch
Estate descriptionFSIM,1/1,PART LOT 10 DEPOSITED PLAN 16027,169m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Hills

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Martins School
0.62 km
Primary
1-8
Government
Co-Educational
EQI: 402
9
Hillview Christian School
1.49 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Te Aratai College
3.08 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Cashmere High School
3.31 km
Secondary
9-15
Government
Co-Educational
EQI: 418
9
Marian College
3.35 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
4.65 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Middleton Grange School
7.85 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Christchurch Adventist School
8.60 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Residential Hills
Land:1492m²
Title:Freehold

Surrounding facilities

Erewhon Terrace Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
108 Vernon Terrace, Hillsborough
0.35 km
4
2
208m2
Year 2024 Month 12 Day 20
-
Council approved
8 Lucas Lane, Hillsborough
0.06 km
3
255m2
Year 2024 Month 10 Day 31
$1,353,000
Council approved
3 Kentallen Terrace, Hillsborough
0.20 km
4
2
-m2
Year 2024 Month 10 Day 17
$749,000
Council approved
0.36 km
5
259m2
Year 2024 Month 09 Day 28
$1,300,000
Council approved
9 Rapaki Road, Hillsborough
0.39 km
4
1
-m2
Year 2024 Month 09 Day 17
-
Council approved

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