Nestled at the end of a serene cul-de-sac in the coveted Hillsborough suburb of Christchurch, this 1974-built residence, with its iron roof and mixed-material walls in good condition, offers a lifestyle of convenience and comfort. The 2-bedroom, 1-carpark home, with a floor area of 110sqm, is on a cross-lease title and boasts of a private courtyard, dramatic cathedral ceilings, and a layout that flows seamlessly into an easy-care garden. The property has seen a significant Capital Value (CV) increase from $360,000 in 2019 to $510,000 in 2022, a rise of 41.67%. The HouGarden AVM estimates it at $490,000, while the latest sales were in 2009, at $255,000 and $235,000 respectively.
For families with school-aged children, the property falls within the zones of several well-regarded schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8), among others. This home, loved by its owner for 15 years, now awaits new inhabitants to cherish its versatile spaces and potential for further enhancement.
With its prime location, attractive CV growth, and proximity to parks and recreational facilities, this property is an appealing opportunity for first-time buyers, professionals, downsizers, and investors. Appraised for rental potential at $500-$540 per week, it's a rare gem that could slip away. Explore the details at www.propertyfiles.co.nz/8BHilldale and seize this chance to delight your heart and head.
Updated on April 19, 2024