29 Horseshoe Lake Road, Shirley, Christchurch

Embrace the potential of this charming 1960s residence, nestled on a generous 2008sqm of freehold land in a sought-after Residential Medium Density (RMD) zone. This 3-bedroom, 3-car park home boasts concrete walls and a tiled roof, exuding a classic yet sturdy appeal. The property, with a floor area of 125sqm, offers a functional layout and light-filled living spaces, complemented by established gardens and a separate sleepout, ideal for extended family or additional rental income. Notably, the capital value has surged by 122.5% over the past three years, from $640,000 to $1,420,000, showcasing a rapid growth rate. The HouGarden AVM estimates the property's worth at $1,228,500, with the latest sale in 2019 fetching $645,000. Educationally, the property falls within the zones of several esteemed schools, including Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8), ensuring a high-quality education for the family.

With its prime location in Shirley, the property benefits from convenient access to local amenities, a short drive to The Palms shopping mall, and proximity to Shirley Golf Club. The RMD zoning presents a world of future possibilities for development. Whether you seek a comfortable family home, an investment with rental potential, or a site for future development, this property is a solid gem that promises to deliver.

Part of a desirable school network, this home is perfect for families looking to secure a quality education for their children. The surrounding schools, including Shirley Intermediate and Mairehau High School, offer diverse educational opportunities, while the property's location within the catchment areas of these institutions adds significant value to this already attractive proposition.

Updated on December 05, 2024