Nestled in the heart of Hornby, Christchurch, this newly constructed 3-bedroom home on a freehold title is a paradigm of modern living. The property, located at 3/464 Main South Road, is a residential ownership home unit, built with a mix of materials for the walls and iron for the roof, both in good condition. It offers a floor area of 124sqm on a level contour, with a land area of 130sqm and a single carpark. The property's capital value as of August 2022 is $600,000, a testament to its rapid appreciation. The latest sale history includes a transaction for $630,000 in August 2023 and a previous sale for $308,125 in November 2021, indicating a significant growth in value.
For families with school-aged children, the property falls within the zone of several reputable schools. Villa Maria College, with a decile rating of 9, and Hornby High School (Years 7-8) with a decile rating of 3, are among the notable institutions. Hornby Primary School, St Thomas of Canterbury College, Middleton Grange School, Christchurch Adventist School, and Hagley Community College are also in close proximity, offering a range of educational options. The property's HouGarden AVM is valued at $582,500, reflecting a strong market position.
With its prime location, this property not only promises comfort and convenience but also holds great potential for investors and families alike. The allure of contemporary living, coupled with the excellent school network, makes this a must-consider opportunity.
Updated on July 18, 2024