Nestled on a spacious 893m2 section at 60 Springs Road, Hornby, Christchurch, this charming property presents a versatile living opportunity. Constructed in 1954 with wood walls and an iron roof, it boasts 3 bedrooms, 2 carparks, and a floor area of 140m2. The freehold status provides security and potential for future development. The interior features a cozy country-style kitchen with a wood burner, complemented by 3 heat pumps, a DVS system, and double glazing for ultimate comfort. Upstairs, the three double bedrooms offer scenic views of the backyard and the Port Hills. With a separate laundry, security screen doors, and gas hot water, practicality meets comfort in this family home.
As for investment value, the property has seen a CV increase of 48.05% from $385,000 in 2019 to $570,000 in 2022. The HouGarden AVM estimates the property's value at $530,000. The recent sales history and rapid CV growth indicate a sound investment opportunity. Whether you choose to reside or explore subdivision possibilities (subject to consent), this property holds great potential.
For families with school-aged children, the property falls within the zones of esteemed schools such as Villa Maria College (Decile 9), Hornby High School (Decile 3), St Thomas of Canterbury College (Decile 8), and more. This ensures access to quality education for your loved ones.
Updated on July 12, 2024