Nestled in the serene cul-de-sac of Kinnaird Place, this charming 4-bedroom, 2-bathroom residence with 2 car parks presents an inviting opportunity on a freehold 764m2 section. Constructed in 1950 with wood walls and iron roofing, both in good condition, this property boasts a floor area of 164m2 and a level contour. The capital value has seen a substantial increase from $550,000 in 2019 to $800,000 in 2022, reflecting a growth rate of 45.45%. The property's potential is further highlighted by the HouGarden AVM of $765,000 and recent sales history, with transactions in 2022 and 2024 at $490,000 and $520,000 respectively.
For families with children, the property falls within the catchment area of several well-regarded schools, including Villa Maria College (decile 9) and St Thomas of Canterbury College (decile 8), ensuring access to quality education. Other nearby schools include Middleton Grange School and Aidanfield Christian School, both at decile 9, and Hillmorton High School at decile 4.
Set against the picturesque backdrop of the Agricultural Park and Heathcote River, this property offers a tranquil environment while being conveniently located within a 10-minute drive from the city center and 5 minutes from Halswell and Riccarton. It's a perfect blend of convenience, privacy, and potential, waiting to be transformed by visionary buyers.
Updated on April 10, 2024