Nestled in the serene Amuri Street of Hei Hei, Christchurch, this charming freehold property on a level contour boasts a CV of $580,000 as of August 2022, showcasing a remarkable increase of 54.67% from its $375,000 valuation in August 2019. The 83sqm floor area is smartly distributed across 3 comfortable bedrooms and 1 bathroom, while the 690sqm land area presents a generous space for potential development. Constructed in 1950 with average-condition fibrous cement walls and tiled roof, this dwelling exudes a blend of classic charm and modern updates, including a heat pump and a wood fire. The property's latest sale history includes transactions in 2015 for $327,000 and in 2012 for $215,000, while the current HouGarden AVM estimates it at $537,500.
For families with school-aged children, the property falls within the catchment of several esteemed institutions. The nearby Villa Maria College and Middleton Grange School (Years 11 - 13) both hold decile 9 ratings, while Hornby High School Years 7-8 and Hornby Primary School are rated decile 3. Other educational options include St Thomas of Canterbury College at decile 8 and Christchurch Adventist School at decile 5, ensuring a variety of choices for quality education.
Located in a quiet cul-de-sac, the property is not only an ideal investment for first-home buyers and investors but also holds potential for developers, given its RMD zoning and the large section it sits on. With its proximity to Hub Hornby, medical facilities, and Kyle Park, as well as being within walking distance to schools and childcare centers, this property offers convenience and comfort. The owner's overseas move presents a golden opportunity for buyers to secure a slice of prime real estate in a sought-after location.
Updated on July 12, 2024