1/39 Richill Street, Belfast, Christchurch

Nestled in the serene cul-de-sac of Richill Street, Belfast, Christchurch, this cozy 2-bedroom, 1-bathroom dwelling with 2 car parks presents an inviting picture of warmth and convenience. Constructed in 1920, the home boasts an Iron roof and Aluminium exterior walls in average condition, sitting on a level contour. The current Government Valuation (CV) of $470,000 as of August 2022 has seen a remarkable increase of 49.21% from the 2019 valuation of $315,000. The property is under Cross-Lease ownership, and the floor area spans a comfortable 80 square meters.

With a HouGarden AVM of $460,000, the property's latest sale history includes transactions of $540,000 in July 2024 and $365,000 in March of the same year. These figures reflect a healthy growth in capital value and investment potential.

For families with school-aged children, the property falls within the catchment area of several high-performing schools. Christ the King School (Decile 8), Villa Maria College (Decile 9), Middleton Grange School (Decile 9), and others offer a range of educational options. This combination of location, valuation growth, and educational opportunities makes this property an attractive prospect for both investors and families.

Updated on August 28, 2024