Located at 16 Ottawa Road, Wainoni, Christchurch, this post-quake residential dwelling is a testament to modern living and comfort. With three bedrooms, one bathroom, and two carparks, this property spans a floor area of 97 m² on a generous land area of 648 m². The freehold property boasts a roughcast wall construction and iron roof, both in good condition, reflecting the home's upkeep since its build in 2015. The level contour of the property adds to its appeal, offering a seamless blend of indoor and outdoor living spaces.
Since its last valuation in August 2022, the capital value has risen to $550,000 from $365,000 in August 2019, marking a significant 50.68% increase. This growth is supported by a HouGarden AVM estimate of $537,500. Historical sales data reveals a steady appreciation in value, with sales recorded at $179,000 in 2005 and $114,000 in 1996. This property not only offers a comfortable living space but also represents a wise investment with its rapid capital value increase.
The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School both with a decile of 5, Chisnallwood Intermediate with a decile of 5, Haeata Community College (Year 9-15) with a decile of 1, Hagley Community College with a decile of 6, and Marian College with a decile of 8. This wide range of educational options makes it an ideal choice for families prioritizing quality education.
Updated on March 21, 2024.