Nestled in the heart of Riccarton at 3 Huia Street, this charming 1940-built, three-bedroom, one-bathroom cottage with two car parks presents an enticing opportunity on a Freehold title. The residence boasts a concrete exterior, tiled roof, and a level contour, all in good to average condition. Inside, it has been freshly redecorated with new floor coverings, a modern kitchen featuring a dishwasher, and a heat pump for climate control in the living area. With a floor area of 89 square meters and a land area of 339 square meters, this property has seen a Capital Value (CV) surge of 50% from $340,000 in August 2019 to $510,000 in August 2022. The HouGarden AVM estimates it at $490,000, while the latest sales were recorded at $105,000 in 2003 and $240,000 in 2000.
For families, the property falls within the zone of several high-performing schools, including Villa Maria College (Decile 9), Christchurch Boys' High School (Decile 10), and Christchurch Girls' High School (Decile 9). The location is ideal for student accommodation, being close to intermediate and secondary schools, making it a sound investment for those looking to tap into the educational hub's potential.
Don't miss this chance to own a piece of prime real estate in a sought-after school zone. Whether you're a first home buyer, investor, or simply seeking a comfortable family home, this property is worth a closer look.
Updated on October 16, 2024