4/88 Peverel Street, Riccarton, Christchurch

Nestled in the serene cul-de-sac of Peverel Street, Riccarton, Christchurch, this 74sqm, 2-bedroom, 1-bathroom residential unit with a single carpark is a prime example of modern living. Constructed in 2021 with a mix of materials for the walls and iron for the roof, this freehold property is in a level contour and boasts good wall and roof conditions. The property's capital value has seen a rapid increase from $430,000 in 2019 to $660,000 as of 2022, reflecting a growth rate of 53.49%. The latest sale history includes transactions in 2024 and 2020 at $585,000 and $529,000 respectively, while the HouGarden AVM estimates the property's worth at $602,500.

For families with school-aged children, the property falls within the zone of several high-performing schools. These include Villa Maria College (Decile 9), Christchurch Boys' High School (Decile 10), Christchurch Girls' High School (Decile 9), and St Thomas of Canterbury College (Decile 8), among others, ensuring access to quality education.

Updated on December 18, 2024