1/11 Harvey Terrace, Richmond, Christchurch

Welcome to 1/11 Harvey Terrace, a post-quake townhouse thoughtfully designed for convenience, comfort, and privacy. This 2-bedroom, 1-bathroom residence with a single carpark is enveloped in wood exterior and topped with an iron roof, both in good condition. Built in 2016 on a level contour, it operates under a Cross-Lease title. The property has seen a 50.59% increase in Capital Value from $425,000 in 2019 to the current $640,000, while the HouGarden AVM estimates it at $597,500. The latest sale in June 2024 was for $621,000. The townhouse uniquely blends classic design with modern living, featuring cathedral ceilings and ample storage. The private garden, designed by Jeremy Head, offers a low-maintenance escape. Within the sought-after school zones of Middleton Grange School (Decile 9) and Hillview Christian School (Decile 7), among others, this property is perfect for families.

With a CV increase that outpaces the market and a recent sale history that commands attention, 1/11 Harvey Terrace presents a sound investment opportunity. Its location, within walking distance to Christchurch's city center, supermarkets, and amenities, adds to its allure, promising both convenience and a slice of cultural heritage with the nearby Bill Sutton's house.

For those with children, the property falls within a highly rated school network, including Middleton Grange School, known for its high decile rating and comprehensive education. This is not just a townhouse; it's a home that checks all the boxes for comfort, community, and potential return on investment.

Updated on July 03, 2024