Welcome to this standalone townhouse, a rare find with a generous floor area of 130m2, boasting two bedrooms and the convenience of a double internal access garage. Constructed in 1995 with brick walls and an iron roof, both in good condition, this cross-lease property is located in a peaceful cul-de-sac at 4/449 Main South Road, Hornby, Christchurch. The capital value has seen a 50% increase from $400,000 in 2019 to $600,000 in 2022, reflecting a sound investment. The property is move-in ready with new carpet, curtains, and LED lighting, offering a sun-filled open plan living and a fully fenced section perfect for pets and children, complete with a fenced vegetable area.
With a HouGarden AVM of $547,500 and a latest sale history of $394,000 in 2020, this property presents an attractive opportunity. The government's capital value growth, coupled with the recent sale prices, indicate a promising investment. The property is conveniently located near Denton Park, The Hub Hornby, and other amenities.
For families, the property falls within the zones of several reputable schools, including Villa Maria College (decile 9), Hornby High School Years 7-8 (decile 3), St Thomas of Canterbury College (decile 8), and more. Whether you're a first-time homebuyer or seeking a solid investment, this property's combination of location, comfort, and potential makes it a must-see.
Updated on December 13, 2024