Nestled in the prime location of 197 Major Hornbrook Road, Mount Pleasant, Christchurch, this freehold property is a gem in the residential market. Constructed in 1960 with concrete walls and an iron roof, both in good condition, the dwelling boasts 3 bedrooms, a floor area of 137sqm, and a vast land area of 1045sqm. The property is complemented by a serene cul-de-sac setting, offering privacy and tranquility. Notably, the capital value has surged by 54.10% from $610,000 in 2019 to $940,000 as of 2022. The HouGarden AVM estimates it at $930,000, while the latest sales history shows a significant jump from $260,000 in 2021 to $1,175,000 in 2024.
For families with school-aged children, the property falls within the catchment of esteemed institutions such as Mt Pleasant School (Decile 10), Middleton Grange School (Decile 9), and Marian College (Decile 8), ensuring top-notch education opportunities.
With its 'As is where is' status, potential buyers have the option to renovate or rebuild, making it an attractive prospect for those seeking a modernist home in a sought-after area.
Updated on November 20, 2024