Nestled in the heart of Riccarton at 33e Peverel Street, this 2-bedroom, 1-bathroom unit with a single car park presents an attractive opportunity for homeowners and investors alike. Constructed in 1980 with iron roofing and plastic exterior walls in good condition, the property sits on a level contour and is governed by a Unit Title. The interior is spacious, featuring a sun-drenched kitchen, an inviting living room, and a full bathroom, all kept cozy by an efficient heat pump.
With a capital value of $435,000 as of August 2022, the property has shown a CV increase of 64.15% since August 2019. The HouGarden AVM estimates the property's value at $397,500, while the latest sale records from 2018 and 2011 indicate a growing market with sold prices of $250,000 and $240,000 respectively.
For families with school-aged children, the property falls within the highly sought-after zones of Christchurch Girls' and Boys' High Schools, both decile 10, along with several other well-rated institutions. This combination of location, potential for value growth, and access to excellent schools makes it an appealing prospect for any buyer.
Updated on December 03, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.05 km | 2 | 1 | -m2 | Year 2024 Month 11 Day 29 | - | Council approved | |
 | 0.11 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 23 | $350,000 | Council approved | |
 | 0.13 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 18 | $510,000 | Council approved | |
 | 0.15 km | 4 | 1 | 136m2 | Year 2024 Month 09 Day 06 | $500,000 | Council approved | |
0.13 km | 2 | 1 | 91m2 | Year 2024 Month 08 Day 29 | $510,000 | Council approved |