1/3 Cargill Place, Richmond, Christchurch

Located at 1/3 Cargill Place, Richmond, Christchurch, this residential property is a testament to modern living in a serene environment. Constructed in 2016 with a floor area of 105 square meters, this home is part of a Cross-Lease title. It features three bedrooms, an unspecified number of bathrooms, and one carpark. The property is built with roughcast walls and an iron roof, both in good condition, and sits on a level contour. The description highlights its location in a quiet cul-de-sac, making it an attractive option for a range of buyers, from first home buyers to those looking to downsize.

The capital value of this property has seen a significant increase, from $330,000 in August 2019 to $460,000 in August 2022, marking a 39.39% growth. The latest sale recorded was on July 26, 2004, for $178,500. The HouGarden AVM estimates the property's value at $442,500. This property's appeal is further enhanced by its rental assessment, which ranges between $480 and $455 per week, indicating a solid investment opportunity.

The property is zoned for several schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, and Hillview Christian School, also a composite school, with a decile of 7. Other nearby schools include Shirley School, Shirley Intermediate, Banks Avenue School, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College, offering a wide range of educational options for families.

Updated on April 04, 2024.