1 Leistrella Road, Hoon Hay, Christchurch

Discover the charm of a classic 1950s brick and tile bungalow at 1 Leistrella Road, Hoon Hay, Christchurch. This well-kept home, not on the market for over 40 years, offers a generous floor area of 159sqm on a spacious 809sqm corner site. With its level contour, the property features three bedrooms, a large north-facing living room with a heat pump, a kitchen and dining area with ample storage and a walk-in pantry, an updated family bathroom, and a separate laundry and toilet. The double carport provides convenient internal access. The exterior boasts good condition brick walls and tile roofing, encapsulating the timeless appeal of this freehold residential dwelling.

The property's capital value has seen a slight decrease from $520,000 in August 2019 to $500,000 in August 2022, marking a -3.85% change. However, its market attractiveness is underscored by a recent sale on January 17, 2024, for $655,000, significantly above both the current capital value and the HouGarden AVM of $500,000. This indicates a strong market interest and potential for value appreciation.

Located in a prime school zone, this property is zoned for Cashmere High School (decile 9), Hoon Hay School (decile 8), and several other highly regarded institutions, including Villa Maria College (decile 9) and Our Lady of the Assumption School (Chch) (decile 10). Its proximity to Pioneer Stadium, Centennial Park, shops, and public transport makes it an ideal choice for families, first home buyers, builders, and investors alike.

Updated on April 06, 2024.