Welcome to 7 Palazzo Lane, a stunning freehold property in the heart of Riccarton, Christchurch. This Mediterranean-inspired dwelling boasts 4 bedrooms, 2 carparks, and a floor area of 227sqm on a level 523sqm section. Constructed in 1995 with roughcast walls and tiled roof, both in good condition, this home is a perfect blend of aesthetics and functionality. The capital value has seen a remarkable increase of 31.58% from $950,000 in 2019 to $1,250,000 as of August 2022. The HouGarden AVM estimates the property's worth at $1,260,000, while the latest sale was recorded in 2003 for $665,000.
For families with school-aged children, this property falls within the zones of elite schools such as Christchurch Boys' and Girls' High Schools, both with a decile rating of 10 and 9 respectively. Other notable schools in the area include Villa Maria College, Kirkwood Intermediate, and St Thomas of Canterbury College. The property's location provides easy access to amenities, Hagley Park, and a variety of shopping and dining options.
Boasting expansive living areas, a bespoke air-conditioned wine cellar, underfloor heating, and a solar hot water system, this home is designed for luxurious living. The outdoor space features a three-tiered water fountain, manicured gardens, and an array of fruit trees. Securely gated and with a double internal access garage, this property offers privacy and convenience. It's an opportunity not to be missed for those seeking an affordable, large, and luxurious family home.
Updated on September 04, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.25 km | 2 | 1 | 70m2 | 2024 10 23 | $725,000 | Council approved | ||
0.17 km | 2 | 1 | 74m2 | 2024 08 30 | $747,000 | Council approved | ||
 | 0.18 km | 3 | 1 | -m2 | 2024 07 04 | - | Council approved | |
 | 0.51 km | 3 | 1 | 145m2 | 2024 06 30 | $775,000 | Council approved | |
0.29 km | 5 | 620m2 | 2024 06 26 | $1,750,000 | Council approved |