79c Matipo Street, Riccarton, Christchurch

Nestled at 79c Matipo Street, Riccarton, Christchurch, this residential dwelling on a Freehold title boasts 4 bedrooms, 2 bathrooms, and 2 car parks. Constructed in 2011 with wood walls and an iron roof, both in good condition, this property sits on a level contour and spans a floor area of 165sqm and a land area of 239sqm. The capital value has seen a rapid increase from $600,000 in 2019 to $820,000 as of 2022, showcasing a growth of 36.67%. The property is equipped with a heat pump and features a double garage, a rarity in Riccarton.

With a HouGarden AVM of $815,000 and a latest sale record of $394,000 in 2011, this property presents a sound investment opportunity. The CV growth and the desirability of the location are further highlighted by its proximity to educational institutions, with schools like Villa Maria College, Christchurch Boys' and Girls' High Schools, and Kirkwood Intermediate all within the zone.

For families with educational considerations, this property falls within the catchment area of several well-rated schools. The nearby schools include the decile 9 Villa Maria College, decile 10 Christchurch Boys' High School, and the highly regarded Christchurch Girls' High School, among others. This combination of location, property features, and educational access makes it an ideal choice for families and investors alike.

Updated on November 18, 2024