Welcome to 86 Westlake Drive, Halswell, Christchurch, a dream do-er upper for first home buyers or families looking to enter the Halswell area. This 1989-built property features four bedrooms, two bathrooms, and an oversize double garage with ample storage, all nestled on a spacious 830 sqm section. The high-quality Oamaru stone exterior and iron roof construction ensure durability, while the level property contour and good condition of walls and roof highlight its solid bones. The property also boasts a swimming pool area and a backyard perfect for gardening enthusiasts, offering a haven for family enjoyment.
Since its last sale in 2012 for $400,000, the property has seen a significant increase in its capital value, reaching $730,000 by August 2022, marking a 46% increase. The latest sale on February 7, 2024, was for $650,000, slightly below the HouGarden AVM of $700,000, indicating a strong market interest. This property's capital value has grown steadily from $500,000 in August 2019, showcasing its potential as a valuable investment.
Zoned for high-decile schools including Oaklands School (Decile 9) and Hillmorton High School (Decile 4), the property is also in close proximity to several other prestigious institutions, making it an ideal choice for families prioritizing education. The surrounding area is enhanced by playgrounds and natural reserves, adding to the family-friendly appeal of the location.
Updated on April 05, 2024.