8 Erewhon Terrace, Hillsborough, Christchurch

Nestled at 8 Erewhon Terrace, Hillsborough, Christchurch, this 3-bedroom, 2-car park family home is set on a generous 1,492sqm of freehold land. Constructed in 1950 with concrete walls and an iron roof, both in good condition, this property invites renovation enthusiasts and investors to unlock its potential. The current government valuation of $650,000 reflects a significant CV increase of 49.43% since 2019. The property, with a floor area of 148sqm, is zoned for top-rated schools, including Cashmere High School. The latest sale was recorded at $671,000 in 2024, while the HouGarden AVM estimates the property's value at $602,500. This residence, with its 'as is, where is' status, offers a unique opportunity to transform it into a dream home.

With a property contour of steep rise and panoramic views from the wrap-around balcony conservatory, this home is a perfect blend of comfort and potential. The double car garage and ample off-street parking add to the convenience. The location, below the Rapaki Track, provides direct access to the Port Hills, enhancing the appeal for outdoor enthusiasts. The schools in the area, including Middleton Grange School and St Martins School, are all highly rated, making this property an ideal choice for families.

Whether you're looking for a lucrative investment, a project to personalize, or a family home in an excellent school zone, 8 Erewhon Terrace is a golden opportunity waiting to be seized.

Updated on June 26, 2024