13 Hartnell Place, Avonside, Christchurch

Located at 13 Hartnell Place, Avonside, Christchurch, this residential dwelling offers a unique opportunity for buyers. Built in 1940, the property features 2 bedrooms, 1 bathroom, and a double garage, covering a floor area of 89m² on a substantial 630m² freehold land parcel. The house, constructed with wood walls and a tile roof, shows an average condition for both. It sits on a level contour, presenting a restoration or redevelopment opportunity, especially considering its 'as is, where is' sale condition due to partial fire damage and an uninsured status with a transferable EQC claim.

Over the years, the capital value of this property has seen significant growth, from $300,000 in August 2019 to $450,000 in August 2022, marking a 50% increase. The latest sale recorded was on February 26, 2024, for $264,000, a substantial jump from its $70,000 sale price back on January 19, 2002. The current HouGarden AVM estimates the property's value at $442,500, reflecting its potential despite the damages.

The property is situated within an excellent school zone, offering a range of educational options. Nearby schools include Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School with decile ratings of 7 and 5 respectively, and Marian College with a decile of 8. Other schools in the vicinity include Linwood North School (decile 2), Hagley Community College (decile 6), and Te Aratai College (Year 7&8) with a decile of 3, catering to a broad spectrum of educational needs.