10 Saint Thomas Place, Woolston, Christchurch

Nestled in the serene Saint Thomas Place of Woolston, Christchurch, this freehold property boasts a spacious layout with 4 bedrooms, 2 bathrooms, and a double internal access garage. Constructed in 2001 with a mix of brick walls and tiled roofing, the 193sqm floor area is set on a level 492sqm section. The property's capital value has seen a remarkable increase of 64.71% from $255,000 in 2019 to $420,000 as of 2022. The latest sale was recorded at $417,391 in 2024, while the HouGarden AVM estimates the property's worth at $412,500.

With a history of steady capital value growth, this residence is located in a sought-after school zone. It is served by Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and other reputable institutions, making it an ideal choice for families. The property is sold 'as is where is', with no insurance or EQC claims passed on to the new owners.

Prospective buyers are encouraged to conduct their own due diligence and inspections. This property, deemed uneconomical to repair by the insurance company, presents a unique opportunity for those looking to enter a prime school district with significant capital value appreciation potential.

Updated on April 11, 2024