1/96 Rocking Horse Road, Southshore, Christchurch

Nestled in the heart of Southshore, Christchurch, this 1974-built residential unit at 1/96 Rocking Horse Road boasts 2 bedrooms, 1 bathroom, and a single carpark. The property, with a floor area of 100 square meters, stands on a level contour and features a brick exterior and tiled roof, both in good condition. It is offered on a Cross-Lease title, and while some remedial work has been completed, it is sold as-is without insurance. The north-facing living area and master bedroom offer a warm welcome to the sun, and the original yet tidy interior adds to the unit's charm. With a CV of $235,000 as of August 2022, it has seen a 74% increase since August 2019. The HouGarden AVM estimates the property's value at $280,000, making it an attractive opportunity for repair and value addition in a sought-after neighbourhood.

Government valuation history shows a significant increase, reflecting the property's potential. The recent sale history and rapid CV growth are testament to the area's desirability. This unit presents a chance to enter the property market with a project that can grow equity, or to simply enjoy living in a convenient location at a low cost.

For families, the property falls within the catchment area of several schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Shirley Boys' High School (Decile 6). Other nearby schools include Avonside Girls' High School, Haeata Community College, South New Brighton School, Christchurch Adventist School, Hagley Community College, and Marian College, offering a range of educational options.

Updated on September 19, 2024