337 Ferry Road, Waltham, Christchurch

Nestled in the serene Waltham neighborhood, this charming 3-bedroom residence on 337 Ferry Road, Christchurch, is a freehold property that has stood the test of time since 1930. Constructed with sturdy wood walls and iron roofing, both in good condition, this dwelling sits on a level plot of 632 sqm with a floor area of 110 sqm and a single carpark. The property's Capital Value (CV) has seen a dramatic increase from $315,000 in August 2019 to $475,000 in August 2022, reflecting a growth rate of 50.79%. This is an opportunity not to be missed.

With a current HouGarden AVM of $465,000 and the latest sale recorded on July 25, 2024, at $360,000, this property presents a golden chance for investors. The government's EQC scope is available, highlighting the property's potential for renovation and value addition. Its prime location, within walking distance to the new stadium, ensures convenience and accessibility to city life.

For families with children, the property falls within the catchment area of several esteemed schools. Middleton Grange School, a composite institution with a decile rating of 9, is one of the many fine educational establishments in the zone. Other schools include Te Waka Unua School, Hillview Christian School, Christchurch Adventist School, Hagley Community College, Marian College, and Te Aratai College, catering to various educational needs and levels.

Updated on August 21, 2024