429 Hills Road, Mairehau, Christchurch

Introducing a charming family home at 429 Hills Road, Mairehau, Christchurch, presenting an 'AS IS, WHERE IS' condition with endless potential. This 1960s-built residence spans 99m2, nestled on a generous 875m2 freehold section. It features 3 bedrooms, 1 bathroom, and a carpark, complemented by a well-maintained kitchen that leads to an east-facing deck. The property is in a livable state, offering flexibility for immediate move-in or renovation. It includes a separate laundry, two toilets, and a 1.5-car garage, ideal for storage or a workshop. Located conveniently for commuting, it's close to public transport and schools.

From a financial perspective, the property has seen a significant increase in capital value, from $365,000 in August 2019 to $580,000 in August 2022, marking a 58.9% growth. The latest HouGarden AVM estimates the property at $567,500. Its sale history reveals transactions at $401,000 in March 2020 and $360,000 in September 2013, indicating a steady appreciation in value.

The property is zoned for several reputable schools, including Middleton Grange School (decile 9), Emmanuel Christian School (decile 8), and Marian College (decile 8), among others. This makes it an ideal choice for families prioritizing education.

Updated on March 21, 2024.