Nestled on a quiet cul-de-sac in the heart of Hillsborough, Christchurch, this delightful 2-bedroom, 1-bathroom unit with a single carpark presents an inviting opportunity. Constructed in 1974 with concrete walls and an iron roof, both in good condition, this residential ownership home unit boasts a level contour and a floor area of 80 square meters. The property is on a cross-lease title, adding to its unique charm.
With a capital value of $460,000 as of August 2022, this property has seen a CV increase of 41.5% since August 2019. The HouGarden AVM estimates the property's value at $455,000, while the latest sale history shows a significant jump from $85,000 in 2002 to $227,000 in 2007. Such growth highlights the investment potential of this property.
For families with children, the property falls within the catchment area of several well-regarded schools. Middleton Grange School, a composite school with a decile rating of 9, is one of the many educational institutions in the vicinity. Other schools include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), Te Aratai College (Year 7&8, decile 3), and Opawa School (Full Primary, decile 4), providing a range of options for all ages and educational needs.
Updated on November 21, 2024