10 Penn Place, Upper Riccarton, Christchurch

Nestled at 18/10 Penn Place, Upper Riccarton, Christchurch, this industrial unit, built in 2000, boasts a concrete exterior and an iron roof, both in good condition. It features a single bathroom and a floor area of 30 square meters under a Unit Title ownership. The property is devoid of designated parking spaces.

With a current Capital Value (CV) of $87,000 as of August 2022, the property has shown a notable increase of 16% from its $75,000 valuation in August 2019. The HouGarden AVM estimates the property's value at $82,500. Notably, the latest sale was recorded on April 10, 2024, at $120,000, a significant jump from the previous sale in November 2012 at $59,000.

For families with school-aged children, the property falls within the zone of several reputable 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, ensuring access to quality education.

Updated on April 25, 2024