84 Te Rito Street, Marshland, Christchurch

Nestled in the esteemed Prestons subdivision, this post-quake constructed family residence at 84 Te Rito Street, Marshland, Christchurch, is a paradigm of elegance and functionality. The 240sqm home, sitting on a spacious 602sqm section, boasts 4 generous bedrooms, 2 car parks, and is enveloped in a charming mix of Rockcote and Cedar exterior. The Iron roof and Mixed Materials walls are testament to the home's sturdy construction, completed in 2016 and maintained in good condition. As a Freehold property, it offers the promise of long-term investment security.

Boasting a CV of $1,040,000 as of August 2022, the property has seen a remarkable increase of 46.48% from its 2019 valuation of $710,000. The HouGarden AVM estimates the property's worth at $1,015,000, while the latest sale history shows a sale price of $1,190,000 in July 2024, and $745,000 in April 2019, indicating strong market interest and capital growth potential.

For families with school-aged children, the property falls within the catchment area of several high-performing schools. Middleton Grange School (Years 11-13) and Marshland School are both decile 9, while Emmanuel Christian School is decile 8. Other educational institutions in the vicinity include Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, catering to diverse educational needs and preferences.

Updated on August 28, 2024