16 Riverbank Road, Northwood, Christchurch

Nestled in the tranquil Northwood, Christchurch, this 4-bedroom, 2-bathroom family home on a freehold title boasts a capital value that has seen a remarkable increase of 36.23% over the past three years. Constructed in 2009 with mixed materials for the walls and iron for the roof, the property is in a good condition both inside and out. Spanning a floor area of 243 square meters on a levelled 491 square meter land, this residence is graced with a private courtyard accessible from the open-plan kitchen, dining, and living areas. The separate formal living space is warmed by a cozy gas fire, while two heat pumps ensure year-round comfort. The latest sale history and HouGarden AVM reflect a strong market value, with the property last sold for $950,000 in 2024 and currently valued at $917,500 by HouGarden.

With a CV of $940,000 as of August 2022, this property has appreciated from its previous CV of $690,000 in August 2019. The location is further enhanced by its proximity to esteemed educational institutions, including Christ the King School (Decile 8), Villa Maria College (Decile 9), and Middleton Grange School (Decile 9), among others. Set in a quiet cul-de-sac, this home not only offers a serene family environment but also easy access to the Styx Mill Country Club facilities.

For those seeking a quality family home in a peaceful setting with excellent school zones, 16 Riverbank Road is an opportunity not to be missed. The property is likely to be snapped up quickly, so decisive action is recommended.

Updated on August 28, 2024