Nestled in a prime location of Riccarton, Christchurch, this 2-bedroom unit with a single carpark is a perfect blend of comfort and convenience. Constructed in 1960 with concrete walls and an iron roof, both in good condition, the property sits on a level contour. The current government valuation of $630,000 reflects a significant increase of 55.56% since 2019. The HouGarden AVM estimates the property at $632,500, closely matching the latest sale price of $620,000 in 2024, and a previous sale of $405,000 in 2018. This cross-lease property offers a large conservatory, two living areas, and potential for a third bedroom, making it an ideal first home or investment with a tenant in situ.
With a desirable school zone, including Ilam School, Villa Maria College, and Christchurch Boys' and Girls' High Schools, all within a decile rating of 6 to 10, the property is a catch for families seeking top education facilities. The location provides easy access to amenities, Riccarton Mall, and the University, truly embodying the teaser - 'Invest or Nest, Both Great Options!'
Not to forget, the property boasts a sunny aspect, a cozy log burner for the winter, and space for a garden, offering a warm and inviting atmosphere.
Updated on September 04, 2024