Nestled at 68 Springs Road, Hornby, Christchurch, this commercial-retail property is set on a freehold title with a land area of 1219sqm and a floor area of 500sqm. Constructed in 1960, the property features concrete walls and an iron roof, both in average condition. It's important to note that parking facilities are not specified for this property.
As per the government's valuation, the capital value has seen a significant increase from $1,330,000 in August 2019 to $1,480,000 in August 2022, reflecting a growth rate of 11.28%. The HouGarden AVM estimates the property's value at $1,417,500. The latest sale was recorded on February 19, 2024, at $2,000,000, a substantial leap from the previous sale on December 6, 2002, at $350,000.
For families, the property falls within the catchment area of several schools, including Villa Maria College (decile 9), Hornby High School Years 7-8 (decile 3), St Thomas of Canterbury College (decile 8), South Hornby School (decile 4), Middleton Grange School (Years 11 - 13, decile 9), Aidanfield Christian School (decile 8), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6), offering a range of educational options.
Updated on April 10, 2024