1/102 Wainui Street, Riccarton, Christchurch

Nestled in the heart of Riccarton, this 1997-built townhouse at 1/102 Wainui Street offers a perfect blend of convenience and comfort. The solid concrete tilt slab construction, with a good condition iron roof and concrete walls, provides a low maintenance living environment. This 2-bedroom, 1-bathroom unit with a single car internal access garage and an additional off-street carpark is set on TC 2 land within a Cross-Lease ownership. The property has undergone recent cosmetic updates, including a full exterior repaint and new carpeting, ensuring years of hassle-free living. With a Capital Value (CV) of $490,000 as of August 2022, it reflects a significant increase of 58.06% from the 2019 valuation of $310,000. The HouGarden AVM estimates the property's worth at $455,000, while the latest sale history shows a progression from $238,000 in 2009 to $305,000 in 2017.

For families, the property falls within the highly sought-after school zones of Christchurch Boys' High School (decile 10) and Christchurch Girls' High School (decile 9), among others. The location is second to none, being a stone's throw away from Westfield Mall, Hagley Park, the University, and the Hospital. The open plan living on the first floor and the healthy homes compliance add to the appeal of this property, making it an ideal nest for a family or a sound investment opportunity.

Embrace the chance to live in a quiet cul-de-sac, close to educational excellence and urban amenities. This property invites you to present your offer and secure a slice of prime real estate in Riccarton.

Updated on June 20, 2024