218 Main South Road, Hornby, Christchurch

Nestled at 218 Main South Road, Hornby, Christchurch, this industrial property boasts a substantial floor area of 8,084 square feet and a generous land size of 16,449 square feet. It is held under the freehold title, ensuring full control and ownership. While the specifics of the roof and wall construction remain unknown, the property's capital value has seen a remarkable increase. As of August 2022, the CV stands at $11,900,000, demonstrating a 75.78% growth from its August 2019 valuation of $6,770,000.

Recent sale history indicates the property's market worth, with the latest transaction on July 5, 2024, fetching $9,450,000, a significant leap from the sale in March 2014 for $5,600,000. The HouGarden AVM estimates the property's value at $11,590,000, aligning closely with the government's valuation.

For families with school-aged children, the property falls within the catchment area of several reputable schools. These include Villa Maria College (Decile 9), Hornby High School Years 7-8 (Decile 3), St Thomas of Canterbury College (Decile 8), South Hornby School (Decile 4), Middleton Grange School (Years 11-13, Decile 9), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6), providing a range of educational options.

Updated on August 01, 2024