Welcome to 5 Bay Road, Oxford, Waimakariri, a charming residential dwelling that promises timeless elegance and comfort. This property, constructed in the 1930s, features 3 generous bedrooms, 1 bathroom, and a carpark, spread over a floor area of 98 sqm and a vast land area of 1563 sqm. The freehold property boasts beautiful timber finishes, leadlight features, and is equipped with two heat pumps and two working log burners with a wet back connection, ensuring a cozy environment. The exterior is complemented by iron roofing and wood wall construction, both in average condition, set on a level property contour.
The capital value of this property has seen a significant increase, from $340,000 in August 2019 to $520,000 in July 2022, marking a 52.94% growth. The HouGarden AVM estimates its value at $500,000, while the latest sale on January 24, 2024, was at $595,000, up from $110,000 in June 1999. This property not only offers a large fenced section, a modern kitchen, and established gardens but also features a separate studio or workshop space with a bedroom and bathroom, council consented, adding extra value and versatility.
Located within the Oxford area, this home is zoned for high-decile schools including Rangiora New Life School (decile 9), Christchurch Adventist School (decile 5), and Marian College (decile 8), making it an ideal choice for families seeking quality education. The property's location offers easy access to local shops, cafes, and schools, all within walking distance, providing both convenience and a vibrant community life.
Updated on April 05, 2024.