1/98 Peverel Street, Riccarton, Christchurch

Welcome to 1/98 Peverel Street, a charming two-bedroom property with a strong sense of comfort and convenience in Riccarton. Constructed in 1978 with concrete walls and tiled roofing, this well-maintained home boasts good wall and roof conditions, a single carpark, and a levelled property contour. As a cross-lease property, it offers an ownership type that provides a unique blend of privacy and community. The interior features an open-plan kitchen, near-new carpeting, and fresh paint, complemented by double glazing for warmth and a cozy atmosphere.

With a current Capital Value (CV) of $530,000, this property has shown a remarkable increase of 55.88% from its 2019 CV of $340,000. The HouGarden AVM estimates the property at $525,000, while the latest sale history includes a sale in 2019 for $350,000 and another in 2009 for $228,000. These figures highlight the property's strong growth potential and investment value.

Education takes center stage with this property's location in the zones for top-rated schools such as Christchurch Boys' High School (Decile 10), Christchurch Girls' High School (Decile 9), and Riccarton High School. Other nearby schools include Villa Maria College (Decile 9) and Middleton Grange School (Decile 9), making this an ideal home for families with school-aged children. Situated less than 1.5 km from the University of Canterbury and Westfield Mall, this home provides easy access to educational and entertainment facilities.

Updated on November 11, 2024