Introducing a remarkable opportunity at 23 Hillary Crescent, Upper Riccarton, Christchurch, this residential dwelling boasts a generous land area of 1308 sqm and a floor area of 126 sqm. Constructed in 1950, the property features 3 double bedrooms, a separate lounge with French doors, and a heat pump for comfort. The exterior is clad in wood with a tile roof, both in fair to average condition, indicating a blend of durability and charm. A significant highlight is the large section accompanied by a spacious sleepout with toilet and shower facilities, a double garage, and ample off-street parking, presenting a plethora of development options or the potential for a home makeover suitable for blended or extended families.
The property has seen a notable increase in capital value, from $570,000 in August 2019 to $770,000 in August 2022, marking a 35.08% growth. The current HouGarden AVM estimates the property's value at $760,000. This substantial growth reflects the property's potential and the thriving market conditions in Christchurch. The upcoming auction on 28th March 2024 at Ray White City Office, Christchurch, underscores the property's desirability and the opportunity it presents for development or as a lucrative investment.
Located within a sought-after school zone, the property is zoned for Villa Maria College (Decile 9), Riccarton School (Decile 3), St Thomas of Canterbury College (Decile 8), Riccarton High School (Decile 6), Middleton Grange School (Years 11 - 13) (Decile 9), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6). This diverse range of educational institutions, catering to various levels and offering high decile ratings, makes the property an ideal choice for families prioritizing quality education.
Updated on April 02, 2024.