15 Centennial Avenue, Riccarton, Christchurch

Nestled at 15 Centennial Avenue, Riccarton, Christchurch, this residential dwelling boasts a freehold title on a level plot. The robust house, built in 1940 with concrete walls and tiled roof, has an average condition and offers 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 120 sqm on a land area of 332 sqm. Its prime location is within the zones of esteemed schools such as Christchurch Boys' and Girls' High Schools.

With a Capital Value (CV) that has seen a rapid increase of 45% from $400,000 in 2019 to $580,000 in 2022, and a HouGarden AVM of $537,500, the property presents a solid investment. The latest sale history includes transactions in 2012 for $297,000 and in 2003 for $148,000, showcasing the property's consistent growth.

For families with school-aged children, the property falls within the catchment area of top-rated schools. It's in the zone for Villa Maria College (decile 9), Kirkwood Intermediate (decile 7), and other highly regarded institutions. Close to Westfield Mall and the University, this property is an excellent starter or investment opportunity with easy maintenance.

Updated on May 20, 2024