Nestled on a quiet cul-de-sac at 404 Ferry Road, Woolston, Christchurch, this charming 1910's residence boasts a freehold title and presents a golden opportunity for both first-home buyers and savvy investors. The 78sqm floor area is graced by 2 bedrooms, 1 bathroom, and a single carpark, all set on a level 492sqm section. The home features wooden walls and an iron roof in average condition, while a heat pump ensures year-round comfort. The current Capital Value (CV) of $465,000 reflects a significant increase of 63.16% from $285,000 in 2019. HouGarden's AVM concurs with this valuation, and the latest sale history shows a property sold for $460,000 in 2023, up from $260,000 in 2016.
Educationally, the property falls within a desirable school zone. Middleton Grange School, a composite institution with a decile rating of 9, is among the notable schools in the area. Others include Te Waka Unua School (Full Primary, decile 2), Hillview Christian School (Composite, decile 7), Christchurch Adventist School (Composite, decile 5), Hagley Community College (Secondary, decile 6), Marian College (Secondary, decile 8), and Te Aratai College (Secondary, decile 3), catering to a wide range of educational needs.
With its prime location, potential for value addition, and access to quality education, this property is not to be missed.
Updated on September 19, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 3 | 1 | -m2 | 2024 11 25 | $435,500 | Council approved | |
 | 0.13 km | 3 | 2 | 125m2 | 2024 11 21 | - | Council approved | |
 | 0.10 km | 3 | 1 | -m2 | 2024 11 12 | - | Council approved | |
 | 0.11 km | 5 | 1 | 180m2 | 2024 08 12 | - | Council approved | |
0.20 km | 3 | 1 | 100m2 | 2024 07 01 | $560,000 | Council approved |