33e Peverel Street, Riccarton, Christchurch

Nestled in the heart of Riccarton at 33e Peverel Street, this 2-bedroom, 1-bathroom unit with a single car park presents an attractive opportunity for homeowners and investors alike. Constructed in 1980 with iron roofing and plastic exterior walls in good condition, the property sits on a level contour and is governed by a Unit Title. The interior is spacious, featuring a sun-drenched kitchen, an inviting living room, and a full bathroom, all kept cozy by an efficient heat pump.

With a capital value of $435,000 as of August 2022, the property has shown a CV increase of 64.15% since August 2019. The HouGarden AVM estimates the property's value at $397,500, while the latest sale records from 2018 and 2011 indicate a growing market with sold prices of $250,000 and $240,000 respectively.

For families with school-aged children, the property falls within the highly sought-after zones of Christchurch Girls' and Boys' High Schools, both decile 10, along with several other well-rated institutions. This combination of location, potential for value growth, and access to excellent schools makes it an appealing prospect for any buyer.

Updated on December 03, 2024