8/18 Field Terrace, Upper Riccarton, Christchurch

Nestled in the serene 'Field Courts' of Upper Riccarton, this standalone townhouse boasts a spacious layout with 2 bedrooms, a 138m2 floor area, and a generous double garage. Constructed in 1984 with permanent materials, the brick exterior and tiled roof are in good condition, providing a solid foundation for this desirable property. The unit, with a Unit Title, has seen a 43.16% increase in Capital Value from $475,000 in 2019 to the current $680,000 as of 2022. The latest valuation from HouGarden AVM estimates the property at $685,000, while the last sale was in 2006 for $313,000.

As for the valuation history, the rapid growth in Capital Value reflects the property's appeal and investment potential. The well-maintained home features a light-filled living room with a heat pump, a dining area with double glazing, and a separate kitchen with ample storage and a conservatory view. The private backyard is fully fenced, and the home is compliant with Healthy Homes standards, making it an ideal choice for first-time buyers, investors, or those looking to downsize.

Education opportunities are abundant, with the property being zoned for highly regarded schools such as Ilam School (Decile 6), Villa Maria College (Decile 9), and others. The location is not only convenient for families but also for students and professionals, being within walking distance to the University, Riccarton Mall, and various amenities.

Updated on September 17, 2024