22 Gainsborough Street, Hoon Hay, Christchurch

Welcome to 22 Gainsborough Street, a charming freehold property nestled in the serene Hoon Hay neighborhood of Christchurch. This well-maintained residence boasts 4 spacious bedrooms, 3 carparks, and a floor area of 146 square meters on a generous 819 square meter section. Constructed in 1955, the property features solid brick walls, a robust tile roof, and is in a level contour, all in good condition. The modern amenities include a heat pump and a fireplace, complementing the open-plan living and dining areas.

With a significant Capital Value (CV) increase of 50.5% from $465,000 in 2019 to $700,000 in 2022, and a HouGarden AVM of $650,000, this property presents a sound investment. The latest sale history shows a marked progression, from $250,000 in 2005 to $488,000 in 2017, indicating a consistent rise in value.

For families with school-aged children, the property falls within the decile 9 Villa Maria College and decile 8 St Thomas of Canterbury College zones, among others. The area offers a selection of highly-rated educational institutions, ensuring access to quality schooling. Located in a quiet cul-de-sac, the home is mere steps from the Gainsborough Reserve and a short drive from the city center, making it an ideal blend of tranquility and convenience.

Updated on June 17, 2024