9 Tonga Place, Riccarton, Christchurch

Located at 9 Tonga Place, Riccarton, Christchurch, this residential dwelling boasts 5 bedrooms, 2 bathrooms, and no carpark, covering a floor area of 115 square meters on a 376 square meter freehold land. The property, constructed in 2000, features roughcast walls and an iron roof, both in good condition. The level contour of the property adds to its appeal, making it an excellent choice for families or investors.

Over the years, the capital value of this property has seen a significant increase, from $490,000 in August 2019 to $690,000 in August 2022, marking a 40.82% growth. The latest sale recorded on February 7, 2024, was at $770,000, indicating a strong market demand. The HouGarden AVM estimates the property's value at $675,000, showcasing its potential for further appreciation.

The property is situated in a prime location within sought-after school zones, including Villa Maria College, Kirkwood Intermediate, Christchurch Boys' High School, Christchurch Girls' High School, St Thomas of Canterbury College, Riccarton High School, Middleton Grange School, Wharenui School, Christchurch Adventist School, and Hagley Community College. These schools range from decile 3 to 10, offering excellent educational opportunities for children of all ages.

Updated on March 22, 2024.