Located at 179a Rocking Horse Road, Southshore, Christchurch, this unique property offers a blend of charm and potential. With 2 bedrooms, a spacious floor area of 105m², and a generous land area of 911m², this freehold property is a rare find. The dwelling, built in 1961, features roughcast walls and an iron roof, both in mixed condition, and sits on a level contour. The property includes 2 carparks and is described as a Residential - Dwelling. It is sold on an 'as is where is' basis due to unrepaired earthquake damage but boasts an open-plan living area with a fireplace, wooden flooring, a functional kitchen, and a double bedroom connected to a bathroom with a dual-access open glass shower and a glass ceiling. The upper level features a spacious mezzanine floor/bedroom area with direct access to the veranda. Additional amenities include a double garage and a sauna, with private access to the beach.
The property has seen a significant increase in capital value, from $225,000 in August 2019 to $375,000 in August 2022, marking a 66.67% increase. The HouGarden AVM estimates its value at $397,500. Historical sales data reveals transactions at $440,000 in February 2006 and $280,000 in April 2005. This property represents an excellent opportunity for those looking to invest in a beachside haven with potential for appreciation.
Education is well catered for, with access to a range of schools including Middleton Grange School (decile 9), Hillview Christian School (decile 7), Shirley Boys' High School (decile 6), Avonside Girls' High School (decile 6), and several others, offering a variety of educational options for families.
Updated on April 05, 2024.