354 Blenheim Road, Upper Riccarton, Christchurch

Located at 354 Blenheim Road, Upper Riccarton, Christchurch, this property presents a unique opportunity with its two dwellings on the same site, making it perfect for extended families or as a lucrative investment. The main dwelling features 3 bedrooms, while the standalone family unit at the back offers another 3 bedrooms. Both homes are constructed with concrete walls and iron roofs, dating back to 1959, and are in average condition. The property spans a floor area of 105m² and sits on a generous 801m² freehold land, boasting a level contour.

The property has seen a significant increase in capital value, from $410,000 in August 2019 to $590,000 in August 2022, marking a 43.9% growth. The latest HouGarden AVM estimates the property's value at $562,500. It last sold for $128,000 on November 9, 1997. This growth trajectory underscores the property's investment potential and its appeal in the current market.

Education is a priority in this area, with the property being zoned for several reputable schools. These include Villa Maria College (decile 9), Kirkwood Intermediate (decile 7), Riccarton School (decile 3), St Thomas of Canterbury College (decile 8), Riccarton High School (decile 6), Middleton Grange School (Years 11 - 13) (decile 9), Wharenui School (decile 3), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6). This wide range of high-decile schools makes the property an ideal choice for families prioritizing education.

Updated on April 06, 2024.