Nestled in the serene Hei Hei, Christchurch, this 4-bedroom, 1-bathroom residence with 2 car parks presents an opportunity for any aspiring homeowner. Constructed in 1950, the property boasts a roughcast exterior, an iron roof, and a mixed condition wall, all set on a level contour. It's a cross-lease title on a generous floor area of 129 square meters. The house, with its spacious living areas, modern kitchen, and a well-manicured garden, exudes potential for transformation, offering an extra garage that could easily become a man cave or office space.
As for the financials, the property has seen a significant Capital Value (CV) increase of 50.65% from $385,000 in 2019 to $580,000 as of 2022. The HouGarden AVM estimates the value at $572,500, while the latest sale history shows transactions at $600,000 in 2022 and $380,000 in 2019. Clearly, this is a property that holds strong investment potential.
For families with school-aged children, the property falls within the catchment of several reputable schools. These include Villa Maria College (Decile 9), Hornby High School (Decile 3), Hornby Primary School (Decile 3), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6). This is a home that not only offers comfort and cosiness but also access to excellent educational facilities.
Updated on November 14, 2024