23 Hanrahan Street, Upper Riccarton, Christchurch

Nestled at 23 Hanrahan Street in the serene Upper Riccarton, Christchurch, this freehold property boasts a capital value of $870,000 as of August 2022, showcasing a significant increase of 35.94% from its $640,000 valuation in August 2019. Constructed in 1958 with roughcast walls and an iron roof in good condition, this dwelling sits on a levelled contour and offers 172 square meters of floor area, spread across five generous bedrooms and a carpark. The 868 square meter section is a haven of sunshine and space, complemented by a north-facing open plan kitchen, dining, and living area that invites brightness and airiness.

With a HouGarden AVM of $847,500 and a latest sale history of $685,500 in 2020, this property presents a compelling investment opportunity. Notably, its proximity to educational institutions is a key highlight, with Ilam School, Villa Maria College, and other reputable schools within the zone, boasting deciles ranging from 5 to 9. This address is particularly appealing for university students, being within a 5-minute walk to the University of Canterbury and the Bush inn shopping center.

Embrace the ultimate investment in this property, where the combination of capital growth potential, prime location, and access to quality education promise a rewarding future.

Updated on August 02, 2024