Nestled in the serene Hargood Street of Woolston, Christchurch, this charming 1950s residence on a freehold title offers a perfect blend of classic elegance and modern comfort. The 97sqm floor area is graced by 3 bedrooms, 1 bathroom, and a single carpark, all set on a level 932sqm section with a well-maintained wooden exterior and iron roof. The property's Capital Value (CV) has seen a staggering increase of 84.13% from $315,000 in 2019 to $580,000 in 2022, reflecting its growing desirability. The latest sale history is marked at $540,000 in 2021, with a HouGarden AVM estimate of $537,500, presenting a lucrative opportunity for investors and families alike.
With a CV growth rate that outpaces the market average, this property is not just a home but a sound investment. The careful renovation has preserved original features like native timber flooring while incorporating modern amenities such as automated lighting and continuous gas hot water systems. Its location in a quiet cul-de-sac adds to the appeal, being only an 8-minute commute to the CBD and within walking distance to supermarkets and local amenities.
For families with school-aged children, the property falls within the zone of several high-performing schools. Middleton Grange School boasts a decile rating of 9, while Te Waka Unua School, Hillview Christian School, Christchurch Adventist School, Hagley Community College, Marian College, and Te Aratai College offer a range of educational options with varying decile ratings. This combination of location, quality, and potential makes it a prime choice for those seeking a home that checks all the boxes.
Updated on June 17, 2024