9/14 Acheron Drive, Riccarton, Christchurch

Nestled in the serene Acheron Drive, this industrial-service property at 9/14 Acheron Drive, Riccarton, Christchurch, is a Unit Title establishment built in 1997. It boasts of a robust concrete exterior and a reliable iron roof, both in good condition. The property offers 2 car parks and a floor area of 158 square meters. With a CV of $600,000 as of August 2022, this property has shown a 25% increase since its $480,000 valuation in August 2019.

Recent market activity includes a sale on May 10, 2024, for $650,000, significantly up from the previous sale in September 2015 for $440,000. The HouGarden AVM estimates the property’s value at $557,500, making it an attractive investment with a promising growth trajectory.

For families with school-aged children, the property falls within the zone of several high-performing schools. These include Villa Maria College (Decile 9), Kirkwood Intermediate (Decile 7), St Thomas of Canterbury College (Decile 8), and Riccarton High School (Decile 6), among others. These institutions offer a range of educational options from primary to secondary levels.

Updated on May 22, 2024