49a Richill Street, Belfast, Christchurch

Nestled in a serene cul-de-sac at 49a Richill Street, Belfast, Christchurch, this 1994-built residential dwelling on cross-lease title boasts 3 bedrooms, 1 bathroom, and an iron roof over fibrous cement walls in good condition. With a floor area of 81 square meters, this property presents a blank canvas for renovation enthusiasts. The capital value has surged by 50% from $320,000 in August 2019 to $480,000 in August 2022, echoing the investment potential. The property's contour is level, and it's primed for value addition with the early stages of renovation already initiated.

History shows the property sold for $110,000 in 1999 and $83,500 in 1994, while the current HouGarden AVM estimates it at $485,000. This is a great opportunity for those looking to climb the property ladder while enhancing their investment. The location, close to amenities and with easy access to the Northern Motorway and the Airport, adds to the appeal.

For families, the property falls within the catchment area of several high-decile schools, including Christ the King School (Decile 8), Villa Maria College (Decile 9), and Middleton Grange School (Decile 9). Other nearby schools include Belfast School (Decile 7) and Emmanuel Christian School (Decile 8), making this an ideal investment for those considering quality education for their children.

Updated on September 12, 2024