1/12 Rotherham Street, Riccarton, Christchurch

Nestled at 1/12 Rotherham Street, Riccarton, Christchurch, this 2-bedroom, 1-bathroom residential unit is a prime example of modern living. Built with mixed materials for the walls and iron for the roof, this freehold property is set on a level contour with a floor area of 83 square meters and a land area of 130 square meters. The unit boasts a good wall and roof condition, and it's just a stone's throw away from the largest shopping centre in the South Island. The property's capital value as of August 2022 is $690,000, reflecting a promising investment potential with a rapid increase over the years.

With a HouGarden AVM of $685,000, the property also has a notable sales history with units 3 & 4 already sold. The government valuations have shown consistent growth, making it an attractive prospect for investors. The recent sale prices and the increasing capital value percentage further solidify the property's worth.

For families with children, the property is zoned for the esteemed Christchurch Girls' and Boys' High Schools, ensuring access to quality education. The location is not only convenient for shopping and dining but also for outdoor activities with Hagley Park and Riccarton Bush Inn nearby. It's a perfect blend of comfort, convenience, and potential for growth.

Updated on November 13, 2024