Step into this charming character property at 863 Ferry Road, Woolston, Christchurch, a well-maintained 3-bedroom, 2-carpark home set on a freehold section. Constructed in 1950 with wood walls and tiled roof, this residential dwelling offers an average condition both inside and out, with a level contour and a floor area of 108sqm. The property boasts a heat pump for year-round comfort, a semi-open plan living area, and a sunny back garden with a veggie patch. Notably, the capital value has surged by 60% from $325,000 in 2019 to $520,000 in 2022, with a HouGarden AVM estimate of $505,000. The latest sales history includes $330,000 in 2016 and $215,000 in 2009. This prime location is not only convenient to local amenities but also falls within the decile 9 Middleton Grange School zone and other well-rated educational institutions.
With a CV increase that outpaces the market and a desirable school network, this property presents an attractive investment opportunity. The home's modern upgrades, such as double glazing and a Healthy Home Approved status, make it an ideal choice for both investors and professionals. The charm and convenience of this property are not to be missed, especially as the sellers are motivated to downsize their portfolio and are ready to meet the market.
For families with school-aged children, the property is zoned for several high-performing schools, including Middleton Grange School, Hillview Christian School, Ngutuawa School, Mt Pleasant School, Christchurch Adventist School, Hagley Community College, Marian College, and Te Aratai College, ensuring access to quality education.
Updated on August 02, 2024