Nestled in a quiet cul-de-sac at 18 Aurora Street, Hei Hei, Christchurch, this freehold property built in 1950 boasts 3 bedrooms, 1 bathroom, and 2 car parks. With a floor area of 114sqm and a land area of 754sqm, it features a mixed-materials exterior, tile roofing, and average wall and roof conditions. The capital value has seen a significant increase of 52.63% from $380,000 in August 2019 to $580,000 in August 2022. The property is valued at $572,500 according to HouGarden AVM, and the latest sale was recorded in 2014 for $370,000.
With a CV increase that outpaces the market, this property presents a solid investment opportunity. It's complemented by a level contour garden that's perfect for year-round enjoyment, and the added convenience of being in close proximity to schools, transport, and the Hornby shopping centre makes it an ideal choice for young couples, downsizers, and investors.
For families with school-aged children, the property falls within the zone of several reputable schools, including Villa Maria College (Decile 9), Hornby High School Years 7-8 (Decile 3), Gilberthorpe School (Decile 2), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Years 11-13, Decile 9), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6).
Updated on November 25, 2024