Nestled at 38 Rata Street, Riccarton, Christchurch, this charming residential dwelling boasts 4 bedrooms, 2 carparks, and a spacious floor area of 159sqm on a generous 708sqm section. Constructed in 1939 with wood walls and an iron roof, this freehold property enjoys an average condition and a level contour. The capital value has seen a remarkable increase of 63.64% from $770,000 in 2019 to $1,260,000 as of 2022, with a HouGarden AVM estimate of $1,225,000. The latest sale was recorded at $1,450,000 in June 2024.
With a serene backdrop of Riccarton Bush, the property is located in a prime school zone, including Ilam Primary (Decile 6), Kirkwood Intermediate (Decile 7), Riccarton High (Decile 6), Christchurch Boys' High (Decile 10), and Christchurch Girls' High (Decile 9), among others. This sought-after location offers a perfect blend of nature and convenience, being just a stone's throw away from Westfield Riccarton and minutes from Hagley Park and the CBD.
Featuring a traditional design with thoughtful updates, the home is heated by two heat pumps and a DVS system. It presents well-proportioned living spaces, a kitchen with ample prep areas, and bedrooms equipped with generous wardrobes. The established garden houses a separate workshop and studio, adding to the property's appeal. This is a golden opportunity not to be missed in a highly desirable neighborhood.
Updated on August 01, 2024