Nestled on an 809sqm north-facing section with a freehold title, 66 Mcbeath Avenue, Hoon Hay, Christchurch, is a residential dwelling that presents a repairable home with immense potential. Constructed in 1954, this property boasts wood walls and an iron roof in average condition, offering 2 bedrooms, 1 bathroom, and a single carpark. The spacious kitchen and generous indoor-outdoor family space are complemented by a backyard perfect for children and pets. The capital value has seen a significant increase of 53.85% from $390,000 in 2019 to $600,000 in 2022. The HouGarden AVM estimates the property at $592,500, while the latest sale was recorded at $505,000 in 2024, a stark contrast to the $288,000 sale in 2009. This property falls within the decile 9 Villa Maria College, decile 8 St Thomas of Canterbury College, and other esteemed school zones, making it an attractive prospect for families.
With a current rental of $470pw, this property has been a consistent source of income for the owners. Now, it's time for a new chapter, presenting you with a rare opportunity to own a piece of real estate in a family-friendly suburb with various local amenities, public transport, and recreational parks nearby.
For a detailed property file, please visit http://www.propertyfiles.co.nz/property/5523761
Updated on November 06, 2024