Nestled in the serene Tankerville Road of Hoon Hay, Christchurch, this charming freehold property boasts 3 bedrooms, 2 carparks, and a sprawling 138 square meters of floor area. Constructed in 1964 with concrete walls and an iron roof, both in good condition, this dwelling sits on a levelled 999 square meter section. The capital value has seen a remarkable increase of 51.16% from $430,000 in 2019 to $650,000 as of 2022, showcasing its investment potential. The property's HouGarden AVM stands at $622,500, indicating a slightly more conservative estimate.
With a CV growth rate that outshines many, this property's value has been on a steady rise. The recent sale history and AVM reflect the desirability of the location and the potential for further appreciation. The home's well-appointed spaces, including an open-plan kitchen, dining, and living area, a separate lounge, and a family bathroom with a vanity and shower, offer both comfort and potential for personalization.
Education opportunities are abundant with the property being in the zone for several high-performing schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with deciles of 9 and 8 respectively, Middleton Grange School with a decile of 9, and Aidanfield Christian School with a decile of 8. This makes the property an ideal choice for families with school-aged children.
Updated on April 29, 2024