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Sold: $529,000

Sold on 2024 Year 2024 Month 11 Day 04

2/7 Hercules Street, Shirley, Christchurch

2
1
81m2
142m2

Nestled at 2/7 Hercules Street in the serene Shirley suburb of Christchurch, this residential ownership home unit boasts a freehold title and a level contour. The 81 square meter floor area is complemented by 2 bedrooms, 1 bathroom, and a well-maintained brick exterior. The property's roof, constructed of iron, is in good condition, as is the building which is just a year young in 2024. It presents a comfortable living space with no designated carparks.

As per the valuation records, the capital value (CV) as of August 2022 stands at $605,000, with the HouGarden AVM estimating a slightly lower value. Notably, the latest sale on November 4, 2024, was for $529,000, indicating a potential increase in the property's worth. The capital value growth percentage is a testament to the investment potential of this property.

For families with children, the property falls within a desirable school zone. The local schools are known for their high decile ratings, ensuring quality education for young ones. This aspect adds significant value to the property, making it an attractive prospect for both investors and families.

Updated on December 04, 2024

Council Data

Last update : 2024 12 11
Improvement value$390,000
Land value$215,000
CV(Year 2022 Month 08)$605,000
DeckYes
View typeNo appreciable view
ContourLevel
Land area142m²
Floor area81m²
Decade of construction2024
Title1178376
Type of titleFreehold
Legal descriptionLOT 2 DP 603020
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 603020,142m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Oraka
0.42 km
Secondary
7-8
Government
Co-Educational
EQI: 514
4
Shirley Primary School
0.55 km
Primary
1-6
Government
Co-Educational
EQI: 484
3
Pareawa Banks Avenue School
0.87 km
Primary
1-6
Government
Co-Educational
EQI: 463
4
Mairehau High School
1.49 km
Secondary
9-15
Government
Co-Educational
EQI: 519
4
Mairehau Primary School
1.57 km
Primary
1-8
Government
Co-Educational
EQI: 458
6
St Francis of Assisi Catholic School
1.68 km
Primary
1-8
Government
Co-Educational
EQI: 414
7
St Albans School
2.01 km
Primary
1-6
Government
Co-Educational
EQI: 416
8
St Albans Catholic School (Christchurch)
2.41 km
Primary
1-6
Government
Co-Educational
EQI: 401
9
Chisnallwood Intermediate
2.49 km
Secondary
7-8
Government
Co-Educational
EQI: 484
5
St Mary's School (Christchurch)
2.56 km
Primary
1-8
Government
Co-Educational
EQI: 408
4

Property history

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For developers

Unitary plan:-
Land:142m²
Title:Freehold

Hercules Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
31 Hercules Street, Shirley
0.15 km
3
1
100m2
Year 2024 Month 12 Day 03
-
Council approved
2/29 Sabina Street, Shirley
0.15 km
3
1
84m2
Year 2024 Month 11 Day 14
$580,100
Council approved
2/7 Hercules Street, Shirley
0.01 km
2
1
78m2
Year 2024 Month 11 Day 11
-
Council approved
7/7 Hercules Street, Shirley
0.01 km
2
1
77m2
Year 2024 Month 11 Day 04
-
Council approved
32 Hercules Street, Shirley
0.16 km
3
113m2
Year 2024 Month 09 Day 27
$530,000
Council approved

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