Located at 25 Hargood Street, Woolston, Christchurch, this residential dwelling boasts a freehold ownership type, encompassing a floor area of 108m2 and a substantial land area of 1589m2. Constructed in 1940, the property features three bedrooms and offers ample off-street parking with space for two vehicles. The exterior walls are made of wood, and the roof is constructed from iron, both in good condition. The property is level, providing a peaceful and private setting with a park boundary, presenting multiple opportunities for renovation, rental, land banking, or development/subdivision. It is also conveniently situated within walking distance to Woolston village's excellent amenities, close to The Tannery, and offers an easy commute to the CBD.
The capital value of the property has seen a significant increase, from $330,000 in August 2019 to $530,000 in August 2022, marking a 60.61% growth. The latest sale records show a transaction at $440,000 on February 15, 2024, following a previous sale at $168,000 on August 22, 2003. The HouGarden AVM estimates the property's value at $520,000.
The property falls within the zones of several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Te Waka Unua School (decile 2), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), and Te Aratai College (Year 7&8) with a decile rating of 3. These schools offer a range of educational options for families, from full primary to secondary education.