42a Ariki Place, Hei Hei, Christchurch

Located at 42a Ariki Place, Hei Hei, Christchurch, this stunning property is a testament to modern living. Built in 2022, this residential dwelling boasts three bedrooms, a floor area of 160 square meters, and sits on a 490 square meter freehold land. The exterior is constructed with mixed materials, complemented by an iron roof, both in good condition. The property is level, making it easily accessible and perfect for families. The house is designed with an open-plan living area, modern kitchen equipped with an induction hob and walk-in pantry, and two bathrooms with under-tile heating. It also features double glazing, ducted air-conditioning, and excellent indoor/outdoor flow, enhancing comfort all year round. The fully-fenced grounds offer a safe environment for children, and the private patio area is ideal for relaxation. Additionally, the property includes a double internal access garage with loft storage and extra off-street parking.

From a financial perspective, the capital value of the property has seen a significant increase, from $470,000 in August 2019 to $700,000 in August 2022, marking a 48.94% growth. The latest sale records show transactions at $732,000 in March 2022 and $730,000 in February 2024, with a current HouGarden AVM of $670,000. This property represents an attractive investment opportunity, with its value consistently on the rise.

The property is situated in a prime location, offering easy access to a range of educational institutions. It falls within the zones of Villa Maria College (decile 9), Hornby High School Years 7-8 (decile 3), Hornby Primary School (decile 3), St Thomas of Canterbury College (decile 8), Middleton Grange School (Years 11 - 13) (decile 9), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6). This diverse selection of schools provides excellent educational opportunities for children of all ages.

Updated on April 05, 2024.