167 Hororata Road, Hororata, Selwyn

Nestled at 167 Hororata Road, Hororata, Selwyn, this industrial-light manufacturing property boasts a freehold status on a spacious 6,435sqm land area. The site is complemented by a single carpark and a floor area of approximately 570sqm. Constructed with a mix of materials for the walls and iron for the roof, this property presents an average condition for both its walls and roof. The government’s capital value assessment has remained stable at $790,000 since July 2021, with no increase observed.

History shows a consistent rise in value, with the HouGarden AVM estimating the property at $770,000. The latest sale records from 2024 and 2018 reflect a growth from $600,000 to $740,000. This indicates a promising investment opportunity in a property with a capital value that has been gradually appreciating.

For families, the property falls within the catchment area of several high-performing schools, including Villa Maria College, Hororata School, and Darfield High School, all with a decile rating of 9. Other notable institutions such as St Thomas of Canterbury College and Middleton Grange School also contribute to the esteemed educational zone.

Updated on July 26, 2024