Nestled in a peaceful cul-de-sac at 64 Mcbeath Avenue, Hoon Hay, Christchurch, this residential dwelling on cross-lease title boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1950 with wood exterior walls and tiled roofing, the 89sqm floor area is complemented by an average condition wall and roof. The property, with a level contour, holds a promising capital value growth of 57.75% from $355,000 in 2019 to $560,000 as of 2022. The latest sale was recorded at $370,000 in 2024, while the HouGarden AVM estimates it at $542,500.
With a rich rental history, this property presents an opportunity for a future project, a cozy home, or a sound investment. It includes an updated kitchen, a family room, separate laundry, and a sunroom. The spacious 895sqm section is ideal for children and pets, with additional parking that can accommodate extra vehicles or a boat and caravan. The property falls within the decile 9 Villa Maria College and other well-rated schools, making it an attractive option for families.
Part of a sought-after school zone, the area offers access to high-decile educational institutions such as St Thomas of Canterbury College (decile 8), Middleton Grange School (decile 9), and Our Lady of the Assumption School (decile 10), among others. This 'as is, where is' property is a golden opportunity to repair, reside, or rent in a prime location.
Updated on August 01, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 4 | 1 | 130m2 | 2024 12 26 | $600,000 | Council approved | |
 | 0.16 km | 2 | 1 | 104m2 | 2024 11 13 | $610,000 | Council approved | |
 | 0.01 km | 2 | 1 | 86m2 | 2024 09 25 | $505,000 | Council approved | |
0.12 km | 3 | 121m2 | 2024 09 19 | $830,000 | Council approved | |||
 | 0.15 km | 3 | 108m2 | 2024 08 14 | $707,000 | Council approved |