87 Avalon Street, Richmond, Christchurch

Nestled in the tranquility of 87 Avalon Street, Richmond, Christchurch, this charming residential unit boasts a freehold title and is perfect for those seeking an ownership home. The layout encompasses two bedrooms, one bathroom, and a single carpark, all within a cozy floor area of 70 square meters. The property sits on a levelled land area of 92 square meters, featuring roughcast walls in good condition and an iron roof that has also been well maintained. Built in 2024, this home presents a solid investment opportunity.

As for the financials, the capital value as of August 2022 stands at $600,000, with a notable increase from the latest sale price of $526,000 on February 25, 2024. The growth percentage is a testament to the property's increasing worth. The HouGarden AVM reflects a similar trend, indicating a promising return on investment in this quiet cul-de-sac.

For families with children, the school zone is a significant plus. The local schools have a high decile rating, ensuring quality education for your little ones. This property is strategically located within a sought-after educational district, adding to its long-term value.

Updated on April 17, 2024