1/65 Springs Road, Hornby, Christchurch

Nestled in a peaceful cul-de-sac at 1/65 Springs Road, Hornby, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1973 with iron roofing and concrete walls, the property presents an average condition both inside and out, sitting on a level contour. The 86sqm floor area is complemented by a heat pump for year-round comfort, and a fully fenced garden at the front. The property holds a Cross-Lease title and has seen a remarkable Capital Value (CV) increase of 82.14% from $280,000 in August 2019 to $510,000 in August 2022. HouGarden AVM estimates the property's value at $505,000, with the latest sale recorded at $405,000 in November 2024, a significant jump from the $85,000 sale in 1994.

For families with school-aged children, the property falls within the zones of several well-regarded institutions, including Villa Maria College (Decile 9), Hornby High School Years 7-8 (Decile 3), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Years 11-13, Decile 9), and more. These schools offer a range of educational opportunities for students of different ages and stages.

With its prime location, comfortable living spaces, and promising investment potential, this two-bedroom home is an attractive option for both homeowners and investors.

Updated on November 27, 2024