454 Innes Road, Mairehau, Christchurch

Nestled in the coveted location of 454 Innes Road, Mairehau, Christchurch, this freehold property boasts a charming residential dwelling on a level contour. Constructed in 1956 with durable brick walls and tiled roofing, the house stands solid with a good condition both inside and out. It features 3 spacious bedrooms, a well-appointed bathroom, an open-plan kitchen/living area, and a sunroom that could double as a home office. The large, fully fenced section provides ample space for outdoor activities, complete with a double garage and additional parking. The property has seen a CV increase from $420,000 in 2019 to $560,000 in 2022, showcasing a growth rate of 33.33%. The latest sale was recorded at $571,000 in 2021, while the HouGarden AVM estimates the property's value at $515,000. As for the school network, it falls within the zones of several reputable institutions, including Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8).

With a cash payout of $26,558.92 from EQC available to the next owner, this property presents a unique opportunity to enter the market at an attractive price point. Whether you choose to enjoy it as it is or renovate to add value, this property holds immense potential. Its convenient location, with quick access to the Northern Highway, and proximity to shopping hubs like the Palms and Merivale, further enhance its appeal.

For families with school-aged children, the property is in the catchment area of esteemed schools such as Mairehau High School (Decile 4), Mairehau School (Decile 6), Hagley Community College (Decile 6), and Marian College (Decile 8), ensuring quality education is within reach.

Updated on December 06, 2024