21 Leistrella Road, Hoon Hay, Christchurch

Nestled on a serene cul-de-sac at 21 Leistrella Road, Hoon Hay, Christchurch, this residential dwelling on Freehold land is a gem waiting to be polished. Constructed in 1950 with plastic exterior walls and tiled roofing, both in good condition, the property spans a level 812 sqm with a floor area of 111 sqm. It boasts 3 bedrooms, a single carpark, and is equipped with a heat pump for comfort. The capital value has surged by 50% from $420,000 in August 2019 to $630,000 in August 2022, with a HouGarden AVM estimate of $612,500. Notably, the latest sale was for $555,000 in December 2020, a significant increase from the $260,000 sale in March 2005.

For families with education in mind, this property falls within the Cashmere High School zone, renowned for its decile 9 rating. Other prestigious schools in the area include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), and Middleton Grange School (decile 9), among others. This address offers a network of high-quality educational institutions, a true advantage for growing families.

With its prime location, solid structure, and immense potential, this property invites renovators and investors to seize the opportunity to transform it into a dream home or a sound investment. The possibilities are endless in this sought-after Cashmere locale.

Updated on July 18, 2024