Nestled in the serene cul-de-sac of Kaiwara Street, Hoon Hay, Christchurch, this 1961-built residence boasts a Freehold title on a level 612sqm section. The 110sqm floor area encompasses three spacious bedrooms, a functional kitchen, and a sunlit living room that opens to a patio via French doors. The Iron roof and Concrete walls are in good condition, and modern amenities like a heat pump ensure year-round comfort. The property, with a current Capital Value (CV) of $690,000, has seen a 50% increase since 2019, reflecting a robust investment potential. The latest sale history includes a transaction of $755,000 in 2022, and the HouGarden AVM estimates the property at $660,000.
Educationally, the property falls within the highly esteemed Cashmere High School zone, along with several other well-rated institutions like Villa Maria College and Middleton Grange School. This locale is not only academically advantageous but also convenient, with easy access to amenities and scenic outdoor spaces.
With a CV growth rate that outpaces the market average and a sought-after school zone, this property presents an opportunity to own a piece of real estate that promises both comfort and value.
Updated on October 03, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 19 | $630,000 | Council approved | |
 | 0.15 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 07 | - | Council approved | |
0.29 km | 3 | 155m2 | Year 2024 Month 10 Day 11 | $1,250,000 | Council approved | |||
 | 0.13 km | 2 | 1 | 80m2 | Year 2024 Month 10 Day 04 | - | Council approved | |
 | 0.13 km | 3 | 110m2 | Year 2024 Month 08 Day 15 | $533,000 | Council approved |