Nestled on a prime 1060m² section at 36 Cuffs Road, Wainoni, Christchurch, this charming 1906 colonial home boasts 2 bedrooms, 1 bathroom, and 2 car parks. It's a freehold property with an iron roof and wooden exterior walls, offering a generous floor area of 85m². The property's CV has seen a remarkable increase from $315,000 in 2019 to $480,000 in 2022, a growth rate of 52.38%. The house, with average wall and roof conditions, is situated on a level contour and is zoned for a variety of schools, including Middleton Grange School (Decile 9) and Marian College (Decile 8). The Hagley Community College and Chisnallwood Intermediate are also within the zone, making it an ideal investment for families. The property's potential is further highlighted by the HouGarden AVM of $442,500 and a latest sale history of $480,000 in 2024, indicating a promising future for this 'blank canvas' in a sought-after location.
Back on the market due to a collapsed sale, this property presents a unique opportunity for first-time buyers or developers. With a rich history and a promising future, it's a must-consider for those looking to make their mark in the property market.
For families with children, the property falls within the catchment area of several well-regarded schools, including the composite Middleton Grange School and Hillview Christian School (Decile 7). The Haeata Community College and Christchurch Adventist School are also options, catering to a range of educational needs and preferences.
Updated on December 11, 2024