Nestled in a prime location on 473 Main South Road, Hornby, Christchurch, this charming bungalow, built in 1915, stands on a cross-lease title. The property boasts 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 106 square meters. The exterior walls are crafted from mixed materials, while the roof is made of iron, both in average condition. This property has seen recent updates including a new colorsteel roof, modern fixtures, and aluminium windows, making it a perfect blend of classic and contemporary living.
With a current Capital Value (CV) of $540,000, it has shown a remarkable increase of 50% since 2019, reflecting a sound investment opportunity. The HouGarden AVM estimates the property at $542,500, with the latest sale recorded in 2003 at $98,000. This is a clear indication of the property's rising value and potential for further growth.
For families with school-aged children, this property falls within the zones of several high-performing schools. These include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), and Middleton Grange School (Years 11-13, decile 9). The nearby South Hornby School (decile 4) and Hornby High School Years 7-8 (decile 3) provide additional options. This home not only promises comfort but also a quality education for your children.
Updated on September 06, 2024