Nestled in the tranquility of a quiet cul-de-sac at 6 Penny Lane, Hoon Hay, Christchurch, this 1990-built, freehold property is a gem in the residential market. The two-storey home boasts a floor area of 170 square meters, sitting on a levelled land of 1092 square meters. It features 4 bedrooms, 2 car parks, and is equipped with a tile roof and mixed-material walls in good condition. The capital value has shown a remarkable increase of 50%, from $520,000 in August 2019 to $780,000 in August 2022, reflecting a strong investment potential. The latest sale history also demonstrates a significant growth with a transaction of $840,000 in October 2024.
With a HouGarden AVM of $775,000, this property is not only a solid investment but also a comfortable family home. It has been designed with family living in mind, offering a separate lounge, modern open-plan kitchen and dining, two heat pumps for year-round comfort, and a sunny patio and deck that overlooks a serene stream and the beautiful Spreydon Domain. The double garaging and ample off-street parking add to the convenience.
When it comes to education, the property falls within a highly sought-after school zone. It is in close proximity to top-rated schools such as Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and more. This makes it an ideal choice for families with children of all ages.
Updated on November 20, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.29 km | 3 | 1 | 160m2 | Year 2025 Month 02 Day 28 | - | Council approved | |
 | 0.28 km | 3 | 1 | -m2 | Year 2025 Month 02 Day 05 | - | Council approved | |
 | 0.23 km | 4 | 1 | 130m2 | Year 2024 Month 12 Day 26 | $600,000 | Council approved | |
 | 0.28 km | 4 | 2 | 180m2 | Year 2024 Month 12 Day 18 | $700,000 | Council approved | |
0.14 km | 4 | 210m2 | Year 2024 Month 09 Day 04 | $780,000 | Council approved |