Nestled in a quiet cul-de-sac on 22 Mavin Road, Hoon Hay, Christchurch, this freehold property boasts a charming residentialdwelling built in 1954. The well-maintained brick exterior and tiled roof complement the 104m2 floor area, which includes 2 bedrooms, 2 carparks, and a modern layout designed for family living. The capital value has seen a remarkable increase of 51.06%, from $470,000 in 2019 to $710,000 in 2022, reflecting the property's growing appeal and investment potential. The HouGarden AVM estimates the property's value at $680,000, making it an attractive opportunity for potential buyers.
With a history of solid sales and a CV growth rate that outpaces the market average, this property offers a sound investment. The recent sale history and rapid CV appreciation are indicative of the area's desirability and future growth prospects. The property's contour is level, and both the walls and roof are in good condition, ensuring low maintenance and peace of mind for the new owners.
Zoned for a selection of the city's finest educational institutions, including Cashmere High School and Hoon Hay School, this property is ideal for families with children. The area boasts a high decile rating, ensuring access to quality education. Other nearby schools include Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, and more, offering a diverse range of educational options.
Updated on April 09, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.27 km | 4 | 2 | 250m2 | Year 2024 Month 11 Day 14 | - | Council approved | |
 | 0.20 km | 2 | 1 | 80m2 | Year 2024 Month 10 Day 04 | - | Council approved | |
 | 0.28 km | 3 | 110m2 | Year 2024 Month 08 Day 15 | $533,000 | Council approved | ||
 | 0.23 km | 3 | 1 | 106m2 | Year 2024 Month 07 Day 25 | $725,000 | Council approved | |
 | 0.25 km | 3 | 1 | 122m2 | Year 2024 Month 06 Day 28 | $785,000 | Council approved |