10 Acheron Drive, Riccarton, Christchurch

Nestled in the heart of Middleton, this two-level commercial office unit of 122 sqm is a compelling investment opportunity. It is part of an exclusive 12-unit development, featuring a modern design and a suite of amenities. The property, with an ownership type of Unit Title, boasts an unknown roof and wall construction, reflecting its mysterious charm. It is strategically located at 10/10 Acheron Drive, Riccarton, Christchurch, adjacent to Blenheim Rd, enhancing its accessibility and business potential. The latest sale was recorded on 2020-01-24 for $350,000, while the current HouGarden AVM estimates it at $422,500. The capital value has shown a significant increase from $360,000 in 2019 to $420,000 in 2022, a growth rate of 16.67%. This property is in the catchment area of several esteemed schools, including Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), making it an attractive option for families.

With dedicated parking spaces and an onsite cafe, this property is designed for functionality and convenience. The northerly aspect and large windows create a bright and productive atmosphere. The current owner's retirement has made this property available for immediate acquisition, presenting a versatile space suitable for various business needs. Don't miss this opportunity!

As for the school network, the property falls within zones that include high-performing schools like Villa Maria College and Middleton Grange School (Decile 9), ensuring a quality education for the family. Other schools in the area include Kirkwood Intermediate (Decile 7), Riccarton High School (Decile 6), Wharenui School (Decile 3), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6), catering to diverse educational needs.

Updated on September 03, 2024