160 Peverel Street, Riccarton, Christchurch

Nestled in a serene cul-de-sac at 3/160a Peverel Street, Riccarton, Christchurch, this freehold property boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with a mix of materials for the walls and iron for the roof, the 80sqm floor area is complemented by a level 82sqm land area. The property, built in 2023, is in good condition both inside and out.

With a current Capital Value (CV) of $570,000, the property has shown a significant increase from its last sale price of $200,000 in 2005. The HouGarden AVM estimates the property's value at $552,500, underlining a steady growth trend. The latest sale in 2024 was at the CV price, reflecting the property's consistent appeal and investment potential.

For families with school-aged children, the property falls within the catchment area of several high-performing schools. These include Villa Maria College (Decile 9), Christchurch Boys' High School (Decile 10), and Christchurch Girls' High School (Decile 9), ensuring access to quality education.

Updated on August 28, 2024