Rūma Manuhiri
Kihini
Ngā Rūma Moe
Welcome to this charming two-bedroom unit, ideally positioned in a serene cul-de-sac of Picton Avenue, Riccarton, Christchurch. Constructed in 1975 with concrete walls and tiled roof, this cross-lease property boasts a floor area of 105sqm and is in good condition both inside and out. The freehold title adds to the appeal, ensuring a worry-free investment opportunity.
With a current Capital Value (CV) of $465,000, this property has shown a remarkable increase of 38.8% since 2019, reflecting a sound investment prospect. The HouGarden AVM estimates the property's worth at $432,500, while the latest sale history in 2017 and 2014 was at $355,000 and $280,000 respectively.
For families with school-aged children, this property falls within the highly sought-after zones of Christchurch Boys' High School and Christchurch Girls' High School, both decile 10, along with several other well-rated schools. Enjoy the convenience of living close to top educational institutions and the nearby university, with shopping at Riccarton Mall just a stroll away.
Updated on June 07, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 2 | 1 | 100m2 | 2025 01 20 | - | Council approved | |
 | 0.10 km | 2 | 1 | -m2 | 2025 01 09 | - | Council approved | |
 | 0.08 km | 2 | 1 | -m2 | 2024 11 29 | - | Council approved | |
0.19 km | 3 | 139m2 | 2024 10 24 | $688,000 | Council approved | |||
 | 0.14 km | 2 | 1 | -m2 | 2024 10 17 | - | Council approved |