Located at 7/62 Elizabeth Street, Riccarton, Christchurch, this residential property stands as a testament to modern living with its 2 bedrooms, 1 bathroom, and a single carpark. Spanning a floor area of 76 square meters on a freehold land area of 142 square meters, the home is constructed with roughcast walls and an iron roof, both in good condition. Built in 2021, the property sits on level ground and is categorized under Residential - Ownership home units, offering a blend of comfort and convenience.
The property has seen a significant increase in capital value, from $445,000 in August 2019 to $690,000 in August 2022, marking a 55.06% growth. This is complemented by a HouGarden AVM of $675,000. The latest sale records show a transaction at $649,000 on February 7, 2024, following a previous sale at $545,000 on August 25, 2020, indicating a steady appreciation in value.
Education is a cornerstone of this property's appeal, with access to a range of schools catering to various educational needs. It falls within the zones of Villa Maria College (Secondary, Decile 9), Kirkwood Intermediate (Decile 7), Christchurch Boys' High School (Secondary, Decile 10), Christchurch Girls' High School (Secondary, Decile 9), St Thomas of Canterbury College (Secondary, Decile 8), Riccarton High School (Secondary, Decile 6), Middleton Grange School (Composite, Decile 9), Wharenui School (Full Primary, Decile 3), Christchurch Adventist School (Composite, Decile 5), and Hagley Community College (Secondary, Decile 6), offering a wide range of options for families.