47 Peverel Street, Riccarton, Christchurch

Nestled at 47 Peverel Street in the serene Riccarton neighborhood of Christchurch, this residential ownership home unit boasts 3 bedrooms, 1 bathroom, and 2 car parks. Constructed in 2000 with roughcast walls and an iron roof, both in good condition, this freehold property sits on a level contour with a floor area of 137 square meters and a land area of 173 square meters. The property's capital value has seen a remarkable increase from $400,000 in August 2019 to $620,000 in August 2022, reflecting a 55% growth.

With a HouGarden AVM of $592,500, the property's latest sale history includes transactions in 2007 for $299,500 and in 2004 for $238,000. Sold with great satisfaction among both buyer and seller, this property saw over 50 groups during the marketing phase, indicating a high level of interest from first-home buyers and investors, particularly within the Christchurch Boys' and Girls' High School zones.

For families with school-aged children, the property falls within the catchment area of several well-regarded schools, including Villa Maria College (decile 9), Kirkwood Intermediate (decile 7), Christchurch Boys' and Girls' High Schools (both decile 10 and 9 respectively), St Thomas of Canterbury College (decile 8), and more. This makes it an ideal investment for those seeking quality education in a desirable location.

Updated on October 24, 2024