63 Hoani Street, Northcote, Christchurch

Nestled in a quiet cul-de-sac at 63 Hoani Street, Northcote, Christchurch, this 1950-built residential dwelling on a freehold section of 708 square meters offers immense potential. The well-sited 3-bedroom house boasts brick walls and a tiled roof, with average conditions, and includes 2 carparks with a floor area of 116 square meters. The property, with a current Capital Value (CV) of $550,000, has seen a remarkable increase of 48.65% since 2019, reflecting a rapid growth rate.

History shows the property valued at $370,000 in 2019, with HouGarden AVM currently estimating it at $530,000. This presents a golden opportunity for investors and tradies looking to capitalize on the property's untapped potential. It falls within the zones of highly regarded schools such as Bishopdale Primary, Casebrook Intermediate, and Papanui High, adding to its allure.

For families with school-age children, the property is in a prime location, with schools like Christ the King and Villa Maria College, both with high decile ratings, nearby. Other educational institutions in the area include Middleton Grange, Emmanuel Christian, St Joseph's, and more, ensuring a variety of schooling options. This property is set for auction, inviting bids from those ready to embrace the challenge and opportunity it presents.

Updated on October 10, 2024