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2/74 Picton Avenue, Riccarton, Christchurch, 0 Bedrooms, 0 Bathrooms, Unit

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 06 Day 07

2/74 Picton Avenue, Riccarton, Christchurch

105m2

Welcome to this charming two-bedroom unit, ideally positioned in a serene cul-de-sac of Picton Avenue, Riccarton, Christchurch. Constructed in 1975 with concrete walls and tiled roof, this cross-lease property boasts a floor area of 105sqm and is in good condition both inside and out. The freehold title adds to the appeal, ensuring a worry-free investment opportunity.

With a current Capital Value (CV) of $465,000, this property has shown a remarkable increase of 38.8% since 2019, reflecting a sound investment prospect. The HouGarden AVM estimates the property's worth at $432,500, while the latest sale history in 2017 and 2014 was at $355,000 and $280,000 respectively.

For families with school-aged children, this property falls within the highly sought-after zones of Christchurch Boys' High School and Christchurch Girls' High School, both decile 10, along with several other well-rated schools. Enjoy the convenience of living close to top educational institutions and the nearby university, with shopping at Riccarton Mall just a stroll away.

Updated on June 07, 2024

Council Data

Last update : 2025 02 26
Improvement value$150,000Reduced by -3% from year 2019
Land value$315,000Increased by 75% from year 2019
CV(Year 2022 Month 08)$465,000Increased by 38% from year 2019
View typeNo appreciable view
ContourLevel
Floor area105m²
Decade of construction1975
TitleCB15B/1076
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 36615 ON LOT 1 DP 33816 HAVING 1/6 INT I 1615 SQ METRES
CouncilChristchurch
Estate descriptionFSIM,1/6,LOT 1 DEPOSITED PLAN 33816,1615m2
ConstructionExternal Walls: Concrete
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Medium Density

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Wharenui School
0.81 km
Primary
1-8
Government
Co-Educational
EQI: 461
3
Christchurch Boys' High School
0.98 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 413
10
Christchurch Girls' High School -Te Kura o Hine Waiora
1.02 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 411
9
Te Puna Wai o Waipapa - Hagley College
1.56 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Kirkwood Intermediate
1.58 km
Secondary
7-8
Government
Co-Educational
EQI: 439
7
Middleton Grange School
2.34 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Villa Maria College
3.05 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Riccarton High School
3.14 km
Secondary
9-15
Government
Co-Educational
EQI: 442
6
Christchurch Adventist School
3.73 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
St Thomas of Canterbury College
3.93 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8

Property history

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For developers

Unitary plan:Residential Medium Density
Land:-
Title:Cross-Lease

Surrounding facilities

Picton Avenue Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4/97 Mandeville Street, Riccarton
0.18 km
2
1
100m2
Year 2025 Month 01 Day 20
-
Council approved
1/16 Peverel Street, Riccarton
0.12 km
2
1
-m2
Year 2025 Month 01 Day 09
-
Council approved
5/153 Clarence Street, Riccarton
0.19 km
2
1
-m2
Year 2024 Month 11 Day 29
-
Council approved
0.26 km
3
139m2
Year 2024 Month 10 Day 24
$688,000
Council approved
1/29 Burdale Street, Riccarton
0.18 km
2
1
-m2
Year 2024 Month 10 Day 17
-
Council approved

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