20 Renfrew Street, Upper Riccarton, Christchurch

Nestled at 20 Renfrew Street, Upper Riccarton, Christchurch, this freehold property boasts 4 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1950 with wood walls and an iron roof, it presents an average condition both inside and out, sitting on a level contour. The floor area spans 104 square meters, while the land area is a generous 607 square meters. Notably, the capital value has surged by 42.53% from $435,000 in 2019 to $620,000 in 2022, showcasing a rapid increase in value. The property's HouGarden AVM is $602,500, with a notable sale history in 2006 for $273,000 and in 2004 for $210,000.

For families with academic aspirations, the property falls within the catchment of several esteemed schools. Ilam School rates a 6 on the decile scale, while Villa Maria College scores a 9. Other nearby options include Kirkwood Intermediate at a 7, Riccarton School at a 3, St Thomas of Canterbury College at an 8, Riccarton High School at a 6, Middleton Grange School (Years 11-13) at a 9, Christchurch Adventist School at a 5, and Hagley Community College at a 6.

Perfect for investors or families, this sun-drenched home is steps away from the university and a short distance from the Westfield Mall. The current tenants' lease runs until the end of the university year, offering flexibility to the new owner. Don't miss the opportunity to view this property, which holds immense potential and is up for auction on August 29th.

Updated on August 26, 2024