105a Hinau Street, Riccarton, Christchurch

Nestled in the esteemed Riccarton neighborhood, 105a Hinau Street presents a captivating 4-bedroom, freehold property on a level 632m² section. Constructed in 1956 with a mix of materials for the walls and stone for the roof, this residence exudes a charming mid-century allure. The property has seen a significant Capital Value (CV) increase of 53.73% from $670,000 in 2019 to the current $1,030,000 as of 2022. The latest sale was recorded at $1,030,000 in 2024, following a previous sale at $630,000 in 2019. HouGarden AVM estimates the property's worth at $1,020,000, making it an attractive prospect in a prime location.

With a CV growth rate that outpaces the market average, this property offers a solid investment opportunity. The home features a warm and inviting living area with French doors, a well-appointed kitchen, and a family bathroom with timber accents. It includes a heat pump, HRV ventilation system, a single garage, and a carport. The property's convenient location places it within walking distance of Canterbury University and the esteemed Christchurch Boys' and Girls' High Schools, among others, all within a highly sought-after school zone.

Encompassed by top-rated educational institutions, such as Ilam School with a decile of 6, and Villa Maria College with a decile of 9, this property is perfect for families seeking the best for their children's education. Its proximity to Westfield Riccarton Mall and the vibrant Farmer's Market adds further appeal to this already desirable address.

Updated on November 07, 2024