Nestled in the tranquility of a quiet cul-de-sac at 352/52a Hei Hei Road, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1991 with quality brick walls and tiled roofing, the property stands on a level contour with a floor area of 90 square meters. The cross-lease title adds to the property's unique character. Notably, the capital value has seen a rapid increase of 49.15% from $295,000 in 2019 to $440,000 as of August 2022. The latest sale history records a transaction at $470,000 in 2024, while the HouGarden AVM estimates the property's worth at $437,500.
With a CV growth percentage that speaks volumes about its investment potential, this property is situated within a desirable school zone. It includes top-rated secondary schools such as Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), as well as Hornby High School for Years 7-8 (Decile 3) and Hornby Primary School (Decile 3). Other educational institutions in the vicinity include Middleton Grange School (Years 11-13, Decile 9), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6).
Overall, this property presents a perfect blend of comfort, potential for value appreciation, and access to quality education.
Updated on November 13, 2024