1/12 Draper Street, Richmond, Christchurch

Nestled in the serene Draper Street, this charming 2-bedroom, 1-bathroom home with a single car park is a delightful find. Constructed in 1971 with concrete walls and an iron roof, this cross-lease property sits on a level contour, exuding an air of quiet elegance. The capital value has seen a substantial increase of 59%, from $195,000 in 2019 to the current $310,000, while the HouGarden AVM estimates it at $290,000. The latest sale was in 1998 for $86,000, highlighting the property's appreciating worth.

With a CV growth that outpaces the market and a well-maintained interior featuring a new kitchen, bathroom, and carpet, the home is move-in ready. Its location, bordering the Avon and Bill Sutton Park, offers a tranquil escape while being within walking distance to local amenities and the vibrant Stanmore village. This property is perfect for first-time buyers, retirees, or investors looking to secure their spot on the property ladder.

When it comes to education, the property falls within a highly sought-after school zone. Middleton Grange School boasts a decile rating of 9, Hillview Christian School stands at 7, and the Shirley Intermediate at 4, among others. These educational institutions ensure a quality education for children of all ages. Close to the city yet away from the hustle and bustle, this home is an attractive and affordable option for young families or those looking to downsize.

Updated on May 07, 2024