Nestled in the desirable Upper Riccarton suburb at 42 Auburn Avenue, this charming property boasts 4 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1940 with wood walls and tiled roof, it sits on a level 665sqm freehold section. The interior enjoys an open plan kitchen, dining, and living area, with a separate laundry and heat transfer system. The property includes a consented sleepout with a double bedroom, living area, and bathroom, along with a standalone studio. The CV has seen a remarkable increase of 42.5% from $435,000 in 2019 to $620,000 in 2022. The HouGarden AVM estimates the property at $592,500, while the latest sale was in 2020 for $435,000. It's in the zone for top-rated schools such as Ilam School (Decile 6), Villa Maria College (Decile 9), and more, making it an ideal investment for families.
With a generous land area and a prime location close to the Bush Inn Centre, parks, and the University of Canterbury, this property offers both convenience and potential for further value appreciation.
Education opportunities are abundant, with the property being in the zone for Ilam School, Kirkwood Intermediate, Riccarton School, St Thomas of Canterbury College, Riccarton High School, Middleton Grange School, and Christchurch Adventist School, catering to various educational stages and needs.
Updated on April 12, 2024