Nestled at 176 Blenheim Road, Riccarton, Christchurch, this 3-bedroom, freehold property is a perfect blend of classic charm and modern convenience. Constructed in 1940 with wood walls and tiled roof, it offers a floor area of 110sqm on a level, 301sqm plot. The property has seen a significant Capital Value (CV) increase from $350,000 in 2019 to $520,000 in 2022, a growth of 48.57%. The house has been recently renovated, boasting a contemporary bathroom, a spacious kitchen with a breakfast bar, and a sunny open-plan living area that leads to a large decked entertaining area.
With a HouGarden AVM of $485,000 and a latest sale history of $350,000 in 2012, this property presents a solid investment opportunity. The CV growth and the property’s condition reflect its potential as a lucrative venture for both homeowners and investors.
For families, the property falls within the zones of highly regarded schools such as Kirkwood Intermediate, Villa Maria College, Christchurch Boys' and Girls' High Schools, all of which are known for their high decile ratings. This makes it an ideal choice for those seeking a quality education for their children in a convenient and well-connected location.
Updated on May 15, 2024