3/35 Mohua Lane, Upper Riccarton, Christchurch

Nestled in a serene cul-de-sac at 3/35 Mohua Lane, Upper Riccarton, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a floor area of 88 square meters on a levelled 70 square meter freehold section. Constructed with a mix of materials for the walls and iron for the roof, this 2023-built property is in good condition both inside and out. The property's capital value as of August 2022 is $610,000, reflecting a promising investment opportunity in a rapidly appreciating market.

With a HouGarden AVM of $557,500 and the latest sale recorded on November 25, 2024, at $487,338, the property has shown a significant capital value increase over the years. This trend is a testament to the desirability of the location and the potential for further growth in the future.

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), Christchurch Girls' High School (decile 9), and more. The educational opportunities are diverse and of high quality, making this property an ideal choice for those seeking a quality education for their children.

Updated on December 04, 2024