Located at 89 Oakhampton Street, Hornby, Christchurch, this residential dwelling boasts a spacious floor area of 185m² on a generous 752m² freehold land. Constructed in 1973 with concrete walls and an iron roof, both in average condition, this property features 5 bedrooms, 2 bathrooms, and accommodates 2 cars with its double garage and additional carport. The level contour of the property and its open plan living/dining area, updated kitchen and bathrooms, wood burner (consented to 2028), 2 heat pumps, and gas hot water and cooking facilities make it an appealing choice for families, rental investors, or first home buyers seeking a home with character and potential for personal touches.
The property has seen a significant increase in capital value, from $480,000 in August 2018 to $730,000 in August 2022, marking a 52.08% growth. The latest sale was recorded on February 8, 2024, for $657,000, following a previous sale at $480,000 on November 20, 2018. The HouGarden AVM estimates the property's value at $720,000. Previously, it generated a rental income of $635 per week, highlighting the high demand for rental properties of this size in the area.
Education is well catered for with a range of schools within the zone, including 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), Aidanfield Christian School (Decile 8), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6). This property's location and features make it an attractive option for those looking to invest in a family home or rental property in Christchurch.