2 Aileen Place, Upper Riccarton, Christchurch

Nestled at the end of a serene cul-de-sac, this charming 3-bedroom, 1-carpark home on 622 sqm of freehold land boasts an iron roof and brick exterior walls, constructed in 1962. The property, with an average wall and roof condition, offers a floor area of 109 sqm and is situated at 2 Aileen Place, Upper Riccarton, Christchurch. The capital value has seen a rapid increase of 43.48% from $460,000 in 2019 to the current $660,000 in 2022, echoing the property's potential. The HouGarden AVM estimates the value at $655,000, while the latest sale history includes a transaction at $500,000 in 2020 and $132,000 in 1997.

For families with academic aspirations, the property falls within the zone of esteemed schools such as Villa Maria College (decile 9), Middleton Grange School (decile 9), and St Thomas of Canterbury College (decile 8), among others. The location provides easy access to the University of Canterbury and the amenities of Riccarton's Westfield Mall, making it an ideal investment for student rental or a family residence.

Currently tenanted until the end of the university year, this sun-kissed dwelling presents a golden opportunity to start or expand your Blue-Chip property portfolio. Don't miss the chance to view this property, as it's not often that such a sought-after home becomes available.

Updated on November 13, 2024