Nestled in the serene Upland Road, Hoon Hay, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with concrete walls and an iron roof, both in good condition, this property sits on a level contour. Currently tenanted, it offers a secure investment with ongoing returns and potential for personal touches. The property's capital value has seen a significant increase of 47.46% from $295,000 in 2019 to $435,000 as of 2022. The HouGarden AVM estimates it at $422,500, while the latest sale was recorded at $458,500 in 2024, previously $280,000 in 2019.
With a prime location in desirable school zones, this property is perfect for families. It falls within the catchment areas of Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and more. Investors looking to cash up on a property with a promising future should add this to their must-view list.
Updated on August 01, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.30 km | 2 | 1 | 110m2 | 2024 11 21 | - | Council approved | |
 | 0.13 km | 3 | 1 | -m2 | 2024 11 05 | - | Council approved | |
 | 0.27 km | 3 | 1 | -m2 | 2024 10 09 | $687,500 | Council approved | |
 | 0.05 km | 3 | 1 | -m2 | 2024 09 27 | - | Council approved | |
0.05 km | 109m2 | 2024 09 06 | $610,000 | Council approved |