Nestled on a level section at 71 Riverlea Estate Drive, Kainga, Christchurch, this freehold property boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1930 with wood walls and an iron roof, it offers an 81sqm floor area within a 363sqm land. The property features a north-facing lounge with a heat pump, a spacious kitchen, and a well-appointed bathroom. Notably, the capital value has surged by 46.43% from $280,000 in 2019 to $410,000 in 2022. The HouGarden AVM estimates it at $407,500, while the latest sale was recorded at $415,000 in 2024, up from $260,000 in 2016.
With a prime location, the property is in the catchment area of several esteemed schools, including Middleton Grange School (Decile 9), Kaiapoi High School (Decile 7), and Belfast School (Decile 7). It's an ideal investment, holiday home, or first-time purchase, with easy access to amenities and the scenic river.
For families with school-aged children, the property falls within zones that offer a range of educational options, from primary to secondary, including Emmanuel Christian School (Decile 8) and Papanui High School (Decile 7), among others. This property presents multiple options for the discerning buyer!
Updated on November 06, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.41 km | 2 | 1 | -m2 | Year 2024 Month 12 Day 06 | - | Council approved | |
 | 1.63 km | 4 | 227m2 | Year 2024 Month 10 Day 29 | $1,120,600 | Council approved | ||
 | 0.30 km | 2 | 1 | -m2 | Year 2024 Month 08 Day 15 | - | Council approved | |
 | 0.30 km | 3 | 1 | 105m2 | Year 2024 Month 06 Day 25 | - | Council approved | |
 | 0.46 km | 2 | 1 | 73m2 | Year 2024 Month 06 Day 18 | $500,000 | Council approved |