34a Roche Avenue, Upper Riccarton, Christchurch

Nestled in a serene cul-de-sac at 34a Roche Avenue, Upper Riccarton, Christchurch, this freehold property boasts a prime location near Christchurch University and amenities. Constructed in 2006 with iron roofing and fibrous cement walls in good condition, the residence offers 4 bedrooms, each with an ensuite, 4 bathrooms, and 2 car parks. Spanning a floor area of 148 square meters on a levelled 638 square meter plot, it's perfect for extended families. The capital value has surged by 35.59% from $590,000 in 2019 to $800,000 as of 2022, with a HouGarden AVM estimate of $770,000. Notably, the property last sold for $600,000 in 2020 and $663,000 in 2014. Educationally, the property falls within the decile 9 Villa Maria College, decile 3 Riccarton School, and other reputable school zones, making it an ideal investment for families with academic priorities.

Currently tenanted with a fixed term until November 2024, this property presents a golden opportunity for investors seeking a steady rental income. Whether you're a first-time buyer or a seasoned investor, the potential here is immense. Don't let the RV deter you; this property is a gem waiting to be discovered.

With a 'four' theme, this home offers not just space but versatility. The auction is set for 24 October 2024, unless sold prior. Explore the property files at https://www.propertyfiles.co.nz/property/HLW35816 and bid online at https://shorturl.at/eklv2. Act now and seize this fantastic opportunity!

Updated on October 24, 2024