Nestled in a quiet cul-de-sac at 3/24 Seymour Street, Hornby, Christchurch, this 1974-built residential unit boasts a brick exterior and an iron roof, both in good condition. It offers 2 bedrooms, 1 bathroom, a single car park, and an open plan living area, spanning an area of 80 square meters. This cross-lease property has seen a significant increase in its capital value, rising from $285,000 in August 2019 to $425,000 as of August 2022, marking a growth of 49.12%. Investors and first-home buyers alike will appreciate the updated kitchen, private courtyard, and the added convenience of a heat pump and ceiling insulation.
With a current HouGarden AVM of $407,500 and a history of sales in 1997, this unit presents a promising investment. The latest sales were recorded at $92,000 in August and $85,500 in February of the same year. The property falls within a desirable school zone, including secondary schools like Villa Maria College (Decile 9), Hornby High School (Decile 3), and St Thomas of Canterbury College (Decile 8), among others, catering to diverse educational needs.
For those seeking an easy-care lifestyle with proximity to amenities such as The Hub Hornby Mall and Dress-Mart, this property is a perfect fit. It's an ideal opportunity to get on the property ladder without overstretching your budget. Don't miss out on this chance, as the owner is determined to sell. Act now to secure this attractive investment.
Updated on April 16, 2024