Nestled in a serene environment off Pages Road, Wainoni, Christchurch, this 1915-built residence sits on a level 495m2 freehold section. It boasts 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 66m2. The home features roughcast walls and an iron roof, both in average condition. The property has seen a significant increase in Capital Value, rising from $250,000 in August 2019 to $395,000 in August 2022, indicating a growth rate of 58%. This is further supported by the HouGarden AVM estimate of $397,500.
With a latest sale history of $230,000 in April 2024 and $142,000 in December 2006, this property presents a promising investment opportunity. It is well-positioned for easy access to public transportation, amenities, and is within commuting distance to the CBD and the attractions of New Brighton.
For families with school-aged children, the property falls within the zones of several reputable schools. Middleton Grange School (Decile 9) caters to Years 11-13, Hillview Christian School (Decile 7) and Hagley Community College (Decile 6) are secondary options, while Marian College (Decile 8) and Christchurch Adventist School (Decile 5) also serve the area. Haeata Community College (Decile 1) rounds out the list of educational institutions in the vicinity.
Updated on September 18, 2024