116 Clarence Street, Riccarton, Christchurch

Nestled in the serene Riccarton neighborhood at 116 Clarence Street, this freehold property boasts a robust Iron roof and Roughcast walls, built in the year 1990 and maintained in good condition. It offers 5 spacious bedrooms, 2 carparks, and a levelled land area of 324sqm. The interior spans 114sqm, providing a comfortable living space.

With a current Capital Value (CV) of $680,000, this property has seen a remarkable increase of 44.68% from its 2019 CV of $470,000. The HouGarden AVM estimates it at $632,500, while the latest sale history records a transaction at $748,000 in 2024, and another at $350,000 in 2012. This investment opportunity promises exceptional returns and potential for further capital growth.

Educationally endowed, the property falls within the zones of esteemed schools such as Villa Maria College (Decile 9), Christchurch Boys' High School (Decile 10), and Christchurch Girls' High School (Decile 9). It's a perfect blend of comfort, convenience, and quality education.

Updated on July 10, 2024