2/94 Wainui Street, Riccarton, Christchurch

Located in the heart of Riccarton at 2/94 Wainui Street, this three-bedroom home unit, built in 1999, offers a blend of durability and convenience. Constructed with brick walls and an iron roof, both in good condition, the property spans a floor area of 120m² under a Cross-Lease title. It is characterized by its level contour, making it an ideal choice for those seeking a low-maintenance living space. The property does not specify the land area, emphasizing its focus on the residential unit itself.

Over the years, the capital value of this property has seen a significant increase, from $365,000 in August 2019 to $570,000 in August 2022, marking a 56.16% growth. This is complemented by a HouGarden AVM of $542,500. The latest sale, recorded on February 14, 2024, was at $588,000, up from $330,000 in January 2008, showcasing the property's solid investment potential. Its appeal is further enhanced by its strategic location, offering minimal maintenance and situated just a block away from the bustling Westfield Mall, Bush Inn, and close to Canterbury University.

The property is zoned for several high-decile schools, including Christchurch Boys' High School (decile 10), Christchurch Girls' High School (decile 9), Villa Maria College (decile 9), and St Thomas of Canterbury College (decile 8), among others. This makes it an attractive option for families, ensuring access to quality education. The diverse range of schools within its zone caters to various educational needs, from full primary to secondary and composite levels, with deciles ranging from 3 to 10.

Updated on April 05, 2024.