1/3 Puriri Street, Riccarton, Christchurch

Nestled at 1/3 Puriri Street, Riccarton, Christchurch, this residential unit boasts a sun-kissed kitchen/dining area that transitions into a separate lounge, opening up to a north-facing deck with built-in seating – perfect for summer BBQs. It features 2 bedrooms with built-in wardrobes, a bathroom with both a bath and separate shower, a separate toilet, and laundry facilities. The single garage with internal access and additional off-street parking complete the picture. Constructed in 1978 with concrete walls and tiled roof, both in good condition, this cross-lease property is equipped with modern amenities like a heat pump, partial double-glazing, and a water filtration system. The capital value has seen a rapid increase of 51.72% from $435,000 in 2019 to $660,000 as of 2022, with a HouGarden AVM estimate of $632,500. Notably, the property last sold for $455,000 in 2015 and $295,000 in 2012, showcasing its growing desirability. This unit is within the highly sought-after school zones of Christchurch Boys' and Girls' High Schools, with Ilam School, Villa Maria College, and others offering top-notch education.

With a floor area of 120 square meters, this townhouse-style unit is currently tenanted at $540 per week, providing a great investment opportunity. Its location near Westfield Mall, Riccarton Market, and public transport further enhances its appeal. This is a must-see home in a prime location.

Education-wise, the property falls within the catchment area of several well-rated schools, including Ilam School (Decile 6), Villa Maria College (Decile 9), and Christchurch Boys' High School (Decile 10), ensuring access to quality education for all ages.

Updated on October 18, 2024