Located at 24 Smartlea Street, Hoon Hay, Christchurch, this freehold property offers a unique opportunity for buyers. The residence, a three-bedroom bungalow, is situated on a generous 921m2 parcel of land, presenting a smart choice for those looking to establish a foothold in the market. The property features a single level layout with polished timber floors, serene, light-filled spaces, and a sizeable open plan living area with combined dining. The kitchen is equipped with a dishwasher and ample cupboard space, while the bedrooms are serviced by a family bathroom that includes a separate shower and corner spa bath. The exterior boasts a stream boundary, mature plantings, and established trees, creating an exceptionally peaceful spot. Additionally, the property enjoys a no exit street designation, enhancing its tranquility.
The property has seen a significant increase in capital value, from $395,000 in August 2019 to $610,000 in August 2022, marking a 54.43% increase. The latest sale was recorded on February 23, 2024, for $500,000, with a previous sale on April 28, 2002, for $155,000. The HouGarden AVM estimates the property's value at $597,500.
Education is a key feature of this property, with zoning for several highly regarded schools including Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, and Our Lady of the Assumption School, among others. These schools range from decile 3 to 10, catering to a wide range of educational needs and preferences.
Updated on March 22, 2024.