1 Aileen Place, Upper Riccarton, Christchurch

Nestled in a serene cul-de-sac of Upper Riccarton, Christchurch, this 1970-built residential unit at 1/3 Aileen Place boasts 2 bedrooms, 1 bathroom, and a single carpark. The 90sqm floor area is complemented by an iron roof and brick exterior walls in average condition. It's a cross-lease property with a level contour, perfect for pets and children. The interior features a modern kitchen, updated bathroom with easy access shower, separate toilet, and updated flooring. Notable amenities include a separate lounge, conservatory, heat pump, DVS system, alarm with 4 security cameras, and additional parking. The property has a government valuation (CV) of $510,000 as of August 2022, showing a significant increase of 45.7% from the $350,000 CV in August 2019. The HouGarden AVM estimates the property's value at $505,000.

For families with school-aged children, the property falls within the zone of several reputable schools, including Villa Maria College (decile 9), Kirkwood Intermediate (decile 7), St Thomas of Canterbury College (decile 8), and Riccarton High School (decile 6). This, combined with the property's prime location, makes it an attractive investment opportunity.

After over 40 years of enjoyment, the owners are ready to downsize to a retirement village, offering this home for auction. Be it for the growing family or the savvy investor, this property in a quiet cul-de-sac presents a golden opportunity not to be missed.

Updated on November 28, 2024