Nestled on a vast 4.36 hectare section at 10 Farrells Road, Styx, Christchurch, this Freehold property is a gem in the Lifestyle - Improved category. Constructed in 1915, the home features 3 bedrooms, 2 carparks, and a floor area of 175 square meters. The exterior walls are made of wood, while the roof is constructed with iron, both in average condition. The property's Capital Value (CV) has seen a remarkable increase from $810,000 in 2019 to $1,380,000 as of 2022, a growth rate of 70.37%. The HouGarden AVM estimates the property's value at $1,270,000, and the latest sale was recorded on November 28, 2024, at $1,000,000.
With a rich history, the estate includes an iconic double-brick fruit storage shed, built in 1880, reflecting the region's deep agricultural roots. The property's strategic location provides easy access to Kaiapoi township, Spencer Park Beach, and modern shopping centers, while being within reach of the city center. This 'as is where is' opportunity is perfect for restoration enthusiasts or those seeking a unique redevelopment project.
For families, the property falls within the catchment area of several esteemed schools, including Middleton Grange School (Decile 9), Kaiapoi High School (Decile 7), Emmanuel Christian School (Decile 8), and Ouruhia Model School (Decile 8), among others. This is a chance to own a piece of Canterbury's history and transform it into a modern family haven.
Updated on December 18, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 1.38 km | 4 | 1 | -m2 | 2025 02 07 | - | Council approved | |
 | 1.85 km | 4 | 3 | 241m2 | 2024 12 18 | $875,000 | Council approved | |
 | 1.95 km | 3 | 1 | 120m2 | 2024 11 21 | - | Council approved | |
 | 1.96 km | 3 | 1 | 104m2 | 2024 09 02 | - | Council approved | |
 | 1.82 km | 4 | 2 | 255m2 | 2024 08 30 | $805,000 | Council approved |