4 Cicada Place, Hei Hei, Christchurch

Nestled at 4 Cicada Place, Hei Hei, Christchurch, this freehold property is a gem in a serene cul-de-sac. Constructed in 1980 with concrete walls and tiled roof, both in good condition, the residence boasts 5 bedrooms, 2 carparks, and a floor area of 119sqm on a sprawling 745sqm plot. The capital value has seen a staggering increase of 72.04% from $465,000 in 2019 to $800,000 in 2022. The property's latest sale was for $815,000 in 2021, while the HouGarden AVM estimates it at $780,000.

With a rich history of valuation growth and a recent sale price that speaks volumes about its investment potential, this property is not just a home but a smart investment. The spacious four-bedroom main house, complemented by a well-equipped two-room sleepout, offers versatility for growing families or those seeking income opportunities.

For families with school-going children, the property falls within the zones of several reputable schools. These include Villa Maria College (decile 9), Hornby High School (decile 3), Hornby Primary School (decile 3), St Thomas of Canterbury College (decile 8), Middleton Grange School (decile 9), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6), ensuring access to quality education.

Updated on August 27, 2024