1/84 Racecourse Road, Sockburn, Christchurch

Nestled in the serene cul-de-sac of Racecourse Road, this charming residential dwelling offers a blend of classic appeal and modern convenience. Constructed in 1940 with roughcast walls and tiled roofing, the property boasts 3 bedrooms, 1 bathroom, and a single carpark, all set on a levelled contour with a generous 145sqm floor area. The home is under a Cross-Lease title, ensuring a secure and shared ownership. Notably, the property has seen a significant Capital Value (CV) increase of 39.53% over the past three years, from $430,000 to the current $600,000. The latest sale history also reflects this growth, with a sale price of $610,000 in 2024, up from $400,000 in 2016. HouGarden AVM estimates the property's value at $572,500, making it an attractive prospect for investors, first home buyers, and young families.

With a location that falls within the highly sought-after school zones, educational opportunities are abundant. The nearby Villa Maria College, St Thomas of Canterbury College, and Middleton Grange School are all decile 9 institutions, while Riccarton School and Riccarton High School offer strong primary and secondary education, respectively. The property is ready for immediate occupation, with completed EQC work ensuring a hassle-free move. The open plan kitchen/living area, complete with a pellet fire, leads to a private decking and a serene outdoor space. A second formal living area and a large bathroom with separate shower and bath add to the appeal of this family-friendly home.

For those seeking a place to put down roots, this property presents an ideal opportunity. The convenient location, coupled with the property's growth potential and access to quality education, makes it a stand-out choice in the market. Don't miss your chance to secure this fabulous first or family home.

Updated on April 10, 2024