Nestled in the serene Totara Street, a prime location in Riccarton, Christchurch, lies a residential gem on a freehold site. This 1990-built home boasts 3 bedrooms, 2 carparks, and a spacious floor area of 210sqm, set on a generous 1136sqm plot. The Roughcast exterior walls and Iron roof are both in good condition, reflecting the property's solid construction. The recent Capital Value (CV) has seen a significant increase of 38.54% from $960,000 in 2019 to $1,330,000 as of 2022, showcasing the property's investment potential. Furthermore, the HouGarden AVM estimates the property's worth at $1,275,000, with the latest sale recorded at $1,300,000 in 2024.
For families with school-aged children, the property falls within the highly sought-after school zones of Christchurch Boys' High School and Christchurch Girls' High School, both decile 10 and 9 respectively. Other reputable schools in the area include Ilam School (decile 6), Villa Maria College (decile 9), and more. This address not only promises a quality education but also a sound investment.
With potential for renovation or development, this property offers privacy and a motivated vendor, making it an opportunity not to be missed. Discover the potential by attending one of the open homes or arranging a viewing today.
Updated on April 10, 2024