Nestled in a quiet cul-de-sac at 7 Marion Street, Hoon Hay, Christchurch, this freehold property boasts 4 bedrooms, 3 bathrooms, and 2 car parks. Constructed in 1960 with wood walls and an iron roof, both in good condition, the dwelling sits on a level 615m2 section with a floor area of 168m2. The residence is priced attractively, and with a Capital Value (CV) increase of 53.49% from $430,000 in 2019 to $660,000 as of 2022, it presents a sound investment. The latest sale history shows a transaction at $820,000 in 2024, signifying the property's rising value. HouGarden's AVM estimates the property at $612,500, offering a potential bargain for the discerning buyer.
For families with school-aged children, the property falls within the decile 9 Villa Maria College and decile 8 St Thomas of Canterbury College zones, among others, ensuring access to quality education. The property's sun-filled, airy ambiance, coupled with its spacious living areas and potential to convert the formal lounge into a fifth bedroom, makes it an ideal home for blended and extended families.
With a generous open plan kitchen/dining, a master bedroom with an ensuite and walk-in wardrobe, and a private, secure section, this property is not just a home but a sound investment. The opportunity to enhance and modernize, coupled with an EQC and insurance payout of $33,000, allows the new owner to truly make this property their own.
Updated on July 03, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.27 km | 3 | 1 | -m2 | 2025 02 27 | - | Council approved | |
 | 0.20 km | 3 | 1 | 107m2 | 2025 02 04 | - | Council approved | |
 | 0.14 km | 3 | 119m2 | 2024 11 19 | $450,000 | Council approved | ||
 | 0.10 km | 3 | 1 | 104m2 | 2024 10 21 | $645,000 | Council approved | |
 | 0.27 km | 3 | 1 | -m2 | 2024 10 01 | $575,000 | Council approved |