4/37 Avalon Street, Richmond, Christchurch

Nestled in the serene cul-de-sac of 4/37 Avalon Street, Richmond, Christchurch, this 1976-built, 90sqm townhouse boasts 2 bedrooms, 1 bathroom, and a single carpark. The residence, with a cross-lease title, features a mix of wall materials, a tiled roof, and is in a good condition both inside and out. The property's capital value has seen a staggering growth of 51.7% from $290,000 in 2019 to $440,000 as of August 2022. The latest sale was recorded at $295,000 in 2019, with HouGarden AVM estimating the property's worth at $422,500. This home offers an upgraded kitchen, a sunlit conservatory, and a fenced courtyard, perfect for a relaxing or entertaining lifestyle. The convenience of a heat pump ensures year-round comfort. Educationally, the property falls within the decile 9 Middleton Grange School zone and is close to several other well-rated institutions, making it an ideal choice for families.

With the owners looking to upsize, this property is a must-see and a golden opportunity for first-time buyers or investors. Its prime location, coupled with the impressive capital value increase, presents a sound investment with potential for further growth.

Part of the esteemed school network, this home is in close proximity to Middleton Grange School (Years 11-13) with a decile rating of 9, Hillview Christian School (decile 7), and other reputable schools. The educational facilities are a significant draw for families seeking quality education for their children.

Updated on November 01, 2024