62 Manurere Street, Hei Hei, Christchurch

Nestled in the serene Hei Hei, Christchurch, at 62 Manurere Street, this delightful freehold property offers a tapestry of comfort and potential. Constructed in 1950 with roughcast walls and tiled roofing, the home stands firm with an average condition, both inside and out. Spanning across 104 square meters of floor area and a levelled 693 square meter section, it boasts 3 bedrooms, a bathroom, and a carpark. The property has seen a significant Capital Value (CV) increase of 52.78% from $360,000 in 2019 to $550,000 as of 2022, with a HouGarden AVM estimate of $530,000. The latest sale history shows a promising trend, with a transaction in 2019 at $349,000 and another in 2011 at $248,500.

With a CV growth that outpaces the market and a prime location, this residence is a wise investment. It falls within the catchment area of esteemed schools such as Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), ensuring a quality education for the family. Hornby High School Years 7-8 (Decile 3) and Gilberthorpe School (Decile 2) are also within reach, catering to diverse educational needs.

Not only is this property a haven for growing families, but it also offers the convenience of being close to Wycola Reserve, The Hub Hornby, and Dressmart. The bonus consented sleepout provides additional space for guests or a private sanctuary. Double glazed windows, a pellet fireplace, and a spacious backyard promise warmth, privacy, and relaxation. This is a perfect starter home for first-time buyers or a strategic investment for those seeking entry into the property market.

Updated on April 18, 2024