422 Port Hills Road, Hillsborough, Christchurch

Nestled in the coveted Murray Aynsley area, on the fringe of Huntsbury, this residential vacant property at 422 Port Hills Road, Hillsborough, Christchurch, is a gem on a steep rise. It boasts a freehold title over a sizeable 809m2 section, with panoramic views of Hillsborough Park and the city. The property is scheduled for a brand new three-bedroom home, to be completed in approximately 10-15 weeks, featuring open plan living, double-glazed joinery, and a heat pump among other modern amenities. The government's capital value has seen a remarkable 150% increase from $160,000 in 2019 to $400,000 as of 2022, while the HouGarden AVM estimates it at $402,500. The latest sales history shows transactions at $365,000 in 2021 and $260,000 prior. Educationally, the property falls within the zones of highly rated schools such as Cashmere High School and St Martins School, both decile 9. This is an opportunity to invest in a property with a promising CV growth and an excellent school network.

As for the property details, the home will have three bedrooms, one carpark, and quality finishes including Expol underfloor insulation, EPS panel walls, and LED lighting. The bathroom will be equipped with a heated towel rail and modern fittings. The kitchen will have necessary appliances, and the exterior will feature decking and lighting. Estimated move-in/settlement date is around 18 weeks. Please note that the provided information is based on sources such as Google Maps, RPNZ, and Christchurch City Council, and while every effort has been made for accuracy, it is advisable to verify the details.

With a school network that includes Middleton Grange School, Hillview Christian School, and more, all within deciles 5-9, this property is not just a home but a smart investment in education and real estate.

Updated on September 06, 2024