1/34 Mohua Lane, Upper Riccarton, Christchurch

Nestled in the serene environment of 1/34 Mohua Lane, Upper Riccarton, Christchurch, this residential ownership home unit boasts a single bedroom, a bathroom, and a carpark. Constructed with a mix of materials for the walls and iron for the roof, this 61 square meter property with a 151 square meter land area is a freehold establishment. Built in 2023, both the walls and roof are in good condition, sitting on a level contour. This property is not only a comfortable living space but also a promising investment.

With a capital value of $610,000 as of August 2022, the property's value has shown a significant increase. The HouGarden AVM estimates the property's worth at $557,500, while the latest sale on December 4, 2024, was at $545,896, indicating a potential growth percentage that is worth noting for investors.

For families with children, the property falls within a highly sought-after school zone. It is close to top-rated schools such as Villa Maria College (decile 9), Christchurch Boys' High School (decile 10), and Christchurch Girls' High School (decile 9), ensuring access to quality education.

Updated on December 18, 2024