48 Mcbeath Avenue, Hoon Hay, Christchurch City

Nestled in a quiet cul-de-sac at 48 Mcbeath Avenue, Hoon Hay, Christchurch, this freehold property boasts 2 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1953 with brick walls and tiled roofing, both in good condition, the dwelling sits on a levelled land area of 809 square meters. The interior features a sunny open plan kitchen/dining area, a separate formal lounge, and the convenience of a heat pump, gas hot water heating, and comprehensive insulation. The property has undergone extensive renovations by the current owner/builder, ensuring modern comforts and is equipped with a separate insulated studio/workroom. The latest sale was recorded on 2024-11-13 for $610,000, showing a significant increase from the previous sale in 2014 for $425,000. The capital value has seen a substantial jump from $420,000 in 2019 to $640,000 in 2022, indicating a growth rate of 52.38%. Close to highly rated schools such as Villa Maria College (Decile 9) and Our Lady of the Assumption School (Decile 10), this property is ideal for families.

With a HouGarden AVM of $582,500 and a CV increase that outpaces the market average, this property presents a sound investment opportunity. It's a must-see for those seeking a comfortable home in a prime location with easy access to schools, amenities, and transport.

For families with school-aged children, the property falls within the zones of several esteemed educational institutions, including Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, and more. These schools offer a range of educational options and are known for their high standards and decile ratings.

Updated on December 18, 2024