3/61 Waimairi Road, Upper Riccarton, Christchurch

Nestled in a serene cul-de-sac at 3/61 Waimairi Road, this 1997-built residential gem with a Cross-Lease title offers a prime living experience. The brick exterior and tiled roof are complemented by a well-maintained condition, ensuring both durability and aesthetic appeal. The 150sqm floor area encompasses three generous bedrooms, a modern kitchen, and an open-plan living space that extends to a sunny outdoor area, ideal for entertaining or relaxation. With a capital value of $710,000 as of August 2022, it has shown a remarkable increase of 36.5% since 2019, reflecting its investment potential. The property also features two carparks and a level contour, adding to its practicality.

History reveals a consistent rise in value, with the latest sale in 2021 fetching $668,000, a significant jump from the $348,500 sale in 2009. The HouGarden AVM estimates the property's worth at $690,000, further validating its market standing. This home not only promises a sound investment but also a desirable lifestyle in a sought-after location.

For families with school-aged children, the property falls within the catchment area of several high-performing schools, including Ilam School (Decile 6), Villa Maria College (Decile 9), and Middleton Grange School (Decile 9). This ensures access to quality education, a key highlight for many homebuyers. The combination of a peaceful setting, convenient access to amenities, and an excellent school network makes this property an attractive proposition for any buyer.

Updated on July 19, 2024