1/142 Racecourse Road, Sockburn, Christchurch

Nestled in the tranquility of a quiet cul-de-sac at 1/142 Racecourse Road, Sockburn, Christchurch, this residential dwelling boasts a charming layout with 2 bedrooms and a single carpark. Constructed in 1990 with quality brick walls and tiled roofing, the property stands firm with a good condition both inside and out. The 130sqm floor area is a testament to the comfortable living space, while the cross-lease ownership adds a unique dimension to this property's value.

With a significant increase of 38.8% in its Capital Value from $425,000 in 2019 to $590,000 in 2022, this property also holds a HouGarden AVM of $582,500, closely matching the latest sale price of $560,000 in October 2024. Such figures are a clear indicator of the property's rising worth and investment potential.

For families with school-aged children, the property falls within the zones of several reputable schools. Avonhead School, a Full Primary with a decile rating of 7, is within easy reach, as are Villa Maria College, a Secondary school with a decile rating of 9, and St Thomas of Canterbury College, rated 8. Other educational institutions in the vicinity include Riccarton School, Middleton Grange School, Christchurch Adventist School, and Hagley Community College, catering to a range of educational needs and preferences.

Updated on November 07, 2024