1/40 Heathcote Street, Woolston, Christchurch

Located at 1/40 Heathcote Street, Woolston, Christchurch, this residential property offers a unique blend of comfort and potential. It features 1 bedroom, 1 bathroom, and 1 carpark, with a floor area of 68 square meters. Constructed in 1970 with concrete walls and an iron roof, both in good condition, this cross-lease unit sits on a level contour, making it an ideal choice for those seeking a low-maintenance living space. The property falls under the 'Residential - Ownership home units' category, highlighting its appeal as a cozy and manageable home.

Over the years, the capital value of this property has seen a significant increase, from $230,000 in August 2019 to $375,000 in August 2022, marking a 63.04% growth. This demonstrates the property's strong investment potential. The latest sale, recorded on February 25, 2024, was at $362,500, slightly below the HouGarden AVM of $367,500, indicating a keen interest in this property and its value in the market.

The property is situated within excellent school zones, offering a range of educational options. Nearby schools include Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School with decile ratings of 7 and 5 respectively, among others. This diverse selection of schools provides ample educational opportunities for families looking to move into the area.

Updated on March 21, 2024.