287/87a Middlepark Road, Sockburn, Christchurch

Located at 2/87a Middlepark Road, Sockburn, Christchurch, this appealing property offers a unique blend of comfort and potential. With 3 spacious bedrooms, open-plan living, a heat pump for year-round comfort, separate laundry, and a separate toilet, this unit is perfect for first home buyers, professional couples, retirees, or investors. The property features concrete walls in good condition, tile roofing also in good condition, and is situated on a level contour. The ownership type is Cross-Lease, and it comes with a garage plus a carport, all within a floor area of 120m². Built in 1975, this unit is nestled on a TC1 rear section, nicely positioned for sun and privacy, and is in close proximity to Church Corner shops, supermarkets, schools, parks, public transport, and local amenities, with Westfield Mall and The Hub Hornby just a short drive away.

From a financial perspective, the property has seen a significant increase in capital value, from $325,000 in August 2019 to $465,000 in August 2022, marking a 43.08% increase. The latest sale data shows a transaction at $530,000 on January 30, 2024, following a previous sale at $400,000 on January 27, 2021. The HouGarden AVM estimates the property's value at $445,000, indicating a strong market presence and potential for further growth.

The property is zoned for several reputable schools, offering a range of educational opportunities. These include Avonhead School (Full Primary, decile 7), Villa Maria College (Secondary Year 7-15, decile 9), Riccarton School (Full Primary, decile 3), St Thomas of Canterbury College (Secondary Year 7-15, decile 8), Riccarton High School (Secondary Year 9-15, decile 6), Middleton Grange School (Years 11 - 13, Composite, decile 9), Christchurch Adventist School (Composite, decile 5), and Hagley Community College (Secondary Year 9-15, decile 6). This wide selection of schools provides excellent educational options for families.

Updated on April 06, 2024.