Nestled in the charming and friendly neighborhood of Riccarton, Christchurch, 8 Kauri Street stands as a testament to classic elegance. This freehold property, built in 1920 with roughcast walls and an iron roof, has been maintained in average condition and offers a floor area of 190sqm on a level 508sqm section. It boasts 3 bedrooms, 2 carparks, and a layout that marries timeless charm with modern comfort. The capital value has seen a significant increase of 43.28%, from $670,000 in 2019 to $960,000 as of 2022. The HouGarden AVM estimates the property's worth at $892,500, while the latest sale records date back to 1998 at $248,000 and 1994 at $176,000.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Christchurch Boys' and Girls' High Schools, Kirkwood Intermediate, and Ilam School, to name a few. These schools offer a range of deciles, ensuring access to quality education. The location is not only convenient for education but also for leisure, with easy access to Riccarton Bush, Westfield, and a variety of dining options.
With its blend of classic features like timber panelling and leadlight windows, along with modern amenities and a serene outdoor living space, this residence is perfect for those seeking both character and convenience. The property's excellent school zoning, coupled with its prime location and growth potential, makes it an attractive investment opportunity.
Updated on May 07, 2024