Nestled in the serene Saint Martins, Christchurch, this 2-bedroom, 1-bathroom home at 2/176 Riverlaw Terrace boasts a warm and inviting ambiance on a cross-lease title. Constructed in 1975 with concrete walls and tiled roof, both in good condition, the property is set on a level contour with a floor area of 100sqm and a single carpark. The capital value has seen a significant increase from $360,000 in 2019 to $510,000 in 2022, reflecting a growth of 41.67%. The latest sale was recorded at $540,000 in 2023, closely matching the HouGarden AVM of $490,000.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Cashmere High School, Middleton Grange School, and Opawa School, with deciles ranging from 4 to 9. The location is not only convenient for education but also for enjoying the nearby parks and reserves, with easy access to public transport and the scenic Port Hills.
With a generous open plan layout, updated kitchen, and a private deck perfect for summer gatherings, this home offers both comfort and convenience. The recently renovated bathroom and separate toilet, along with a dedicated laundry space, add to the practicality of the home. Opportunities to secure a property with such a promising CV growth and in a sought-after school zone are rare. Don't miss your chance to make this charming property your home.
Updated on October 15, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 3 | 160m2 | Year 2024 Month 11 Day 04 | $807,150 | Council approved | ||
 | 0.16 km | 2 | 2 | -m2 | Year 2024 Month 08 Day 30 | - | Council approved | |
 | 0.06 km | 4 | 1 | -m2 | Year 2024 Month 07 Day 25 | - | Council approved | |
0.33 km | 5 | 224m2 | Year 2024 Month 06 Day 26 | $635,000 | Council approved | |||
 | 0.15 km | 3 | 1 | -m2 | Year 2024 Month 06 Day 20 | $530,000 | Council approved |