3 Royal Park Drive, Parklands, Christchurch

Located at 3 Royal Park Drive, Parklands, Christchurch, this residential dwelling boasts 2 bedrooms, 1 bathroom, and 1 carpark, spread over a floor area of 98 square meters on a generous land area of 594 square meters. The property, built in 1970, features concrete walls and tile roofing, both in mixed condition, and sits on a level contour. It is a freehold property, ensuring complete ownership without the complications of leasehold terms.

The capital value of this property has seen a significant increase, from $215,000 in August 2019 to $325,000 in August 2022, marking a 51.16% growth. The HouGarden AVM estimates its value at $320,000, while the latest sale, recorded on January 30, 2024, was at $390,000, indicating a strong market interest and potential for further capital gains.

The property is zoned for several reputable schools, including Middleton Grange School (Composite, Decile 9), Emmanuel Christian School (Composite Year 1-10, Decile 8), Queenspark School (Full Primary, Decile 8), Shirley Boys' High School (Secondary Year 9-15, Decile 6), Avonside Girls' High School (Secondary Year 9-15, Decile 6), Christchurch Adventist School (Composite, Decile 5), Mairehau High School (Secondary Year 9-15, Decile 4), Hagley Community College (Secondary Year 9-15, Decile 6), and Marian College (Secondary Year 9-15, Decile 8), offering a wide range of educational opportunities for families.