94 Riselaw Street, Mairehau, Christchurch

Nestled on a quiet cul-de-sac at 94 Riselaw Street, Mairehau, Christchurch, this charming 1950s brick bungalow on a 759sqm freehold section boasts 3 bedrooms and a single carpark. The property, with a floor area of 102sqm, features an average condition brick exterior and tiled roof. The capital value has seen a 50% increase from $310,000 in 2019 to $465,000 as of 2022, reflecting a promising investment opportunity. The recent HouGarden AVM and government valuation both synchronize at $465,000, while the latest sale history shows transactions at $245,000 in 2009 and $269,000 in 2007.

Educationally, the property falls within a desirable school zone, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Shirley School (Decile 3), among others. This, coupled with the convenient access to McFarlane Park and The Palms Shopping Centre, makes it an ideal choice for families.

With a new kitchen installed in 2013, original Rimu timber flooring, and a spacious layout, this home offers both charm and practicality. It's a perfect budget-friendly option for first-home buyers or those looking for an affordable opportunity in a thriving community.

Updated on September 17, 2024