Nestled in the tranquility of a quiet cul-de-sac on Drain Road, this 1975-built, freehold property offers a slice of rural living with village convenience. The well-maintained, mixed-materials exterior and iron roof shelter a sunny, 115sqm floor area, complete with 3 bedrooms, 1 bathroom, and a carpark. The capital value has remained stable at $575,000 since 2021, with a HouGarden AVM estimate of $557,500, reflecting a consistent market trend. Notably, the property saw a sale in 2024 at $560,000, mirroring the previous sale in 2021.
With a CV increase of 0.0% over the observed period, this property presents a solid investment. The spacious, level contour lot spans 2023sqm, and the detached double garage with additional parking is a bonus. Inside, the open-plan kitchen, dining, and living area flow onto a deck, perfect for enjoying the established garden and the peaceful surroundings. Kids will delight in their own tree-house, while the nearby schools, including Villa Maria College (Decile 9) and Ellesmere College (Decile 8), ensure quality education.
Particularly appealing is the property's inclusion in a desirable school zone, with several high-performing institutions within reach. This family-friendly home, with its rural charm, is a commuter's dream, offering easy access to Hornby and Christchurch. It's a chance to embrace a serene lifestyle while keeping the city's amenities within reach.
Updated on August 14, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 2.28 km | 3 | 1 | -m2 | 2024 10 10 | $653,000 | Council approved | |
 | 2.02 km | 3 | 203m2 | 2024 09 25 | $699,000 | Council approved | ||
 | 1.95 km | 5 | 3 | -m2 | 2024 09 17 | - | Council approved | |
 | 0.04 km | 0m2 | 2024 07 29 | $400,000 | Council approved | |||
 | 0.45 km | 4 | 2 | 210m2 | 2024 06 29 | $702,275 | Council approved |