23 Haslett Place, Upper Riccarton, Christchurch

Nestled at the end of a quiet cul-de-sac in the sought-after Upper Riccarton, Christchurch, this freehold property at 23 Haslett Place boasts a substantial CV increase of 63.22% over three years. Constructed in 1960 with concrete walls and tiled roofing, the dwelling offers 3 bedrooms, 1 bathroom, and a single carpark, spread across a floor area of 100sqm on a levelled 535sqm section. The property's current government valuation stands at $710,000, as of August 2022, up from $435,000 in August 2019, reflecting a robust investment potential. HouGarden's AVM estimates the property's worth at $660,000, while the latest sale history shows a transaction of $733,000 in December 2021, and $386,000 in November 2013.

For families with school-aged children, the property falls within the zones of Ilam School (Decile 6), Villa Maria College (Decile 9), and other well-regarded institutions, ensuring access to quality education. This is a must-sell opportunity with a fixed-term tenancy in place until December 2024, offering both immediate cash flow and long-term value.

Located in close proximity to the University and Bush Inn, this brick-fenced property presents a solid investment in student accommodation or a family home, with a large conservatory, a good-sized backyard, and off-street parking options. The property is currently rented for 12 months from December 18, 2023, and compliance certificates are available for review.

Updated on July 09, 2024