1/247 Waterloo Road, Hornby, Christchurch

Located at 1/247 Waterloo Road, Hornby, Christchurch, this charming brick home, built in 1979, offers a comfortable living space with 2 bedrooms, both featuring built-in wardrobes, and 1 bathroom. The property spans a floor area of 80 square meters on a level contour, under a Cross-Lease title. It boasts concrete walls in good condition and a tiled roof also in good condition. The open-plan dining/living area, kitchen with ample storage, separate laundry, and a family bathroom with bathtub and separate shower, make it an ideal home. Additionally, it features double glazing, a heat pump, and an HRV system for year-round comfort, a fully fenced backyard, a single garage, and off-street parking for another vehicle.

Since 2019, the capital value of the property has seen a significant increase from $285,000 to $460,000, marking a 61.4% growth. The latest sale in January 2024 was at $540,000, following a previous sale at $495,000 in October 2021. The HouGarden AVM estimates the property's value at $442,500, highlighting its potential as a wise investment. The construction of the new Matatiki Hornby Centre nearby adds to the property's appeal, making it a sensible choice for investors or those seeking a convenient and easy-care home.

The property is zoned for several reputable schools, including Villa Maria College and Middleton Grange School (Years 11 - 13), both with a decile rating of 9, St Thomas of Canterbury College (decile 8), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6). It's also within walking distance to Hornby High School and close to local amenities, making it an excellent choice for families.

Updated on April 06, 2024.