2/2 Loreto Place, Hornby, Christchurch

Located at 2 Loreto Place, Hornby, Christchurch, this residential property offers a unique blend of comfort and potential. Built in 1978, the house features 3 bedrooms, a single carpark, and a floor area of 120 square meters. The property is a Cross-Lease title under the category of Residential - Ownership home units. It boasts concrete walls in good condition and a tiled roof also in good condition, providing a sturdy and reliable structure. The property is level, making it accessible and easy to manage.

The capital value of this property has seen a significant increase, from $300,000 in August 2019 to $480,000 in August 2022, marking a 60% growth. The latest sale recorded on January 23, 2024, was at $495,000, showing a continued upward trend in its market value. The HouGarden AVM estimates the property's value at $460,000, indicating its desirability in the current market. This home has been cherished by the vendor for 19 years, featuring recent upgrades including a new heat pump, carpet, stove, and shower, yet still offers room for further enhancements to personalize and improve.

The property is situated in a prime location for education, being zoned for several high-decile schools including Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Middleton Grange School (Years 11 - 13) (Decile 9), among others. This makes it an ideal choice for families looking for quality education options. The diverse range of schools within its zone caters to a variety of educational needs and preferences.

Updated on April 06, 2024.