71 Slater Street, Richmond, Christchurch

This charming villa located at 71 Slater Street, Richmond, Christchurch, presents a unique opportunity for developers, builders, and renovators. Built in 1915, this residential dwelling features three bedrooms, a spacious floor area of 139 square meters, and sits on a generous land area of 984 square meters. The property boasts a freehold ownership type, with wood wall construction and iron roof construction, both in average condition. The level property contour adds to its appeal, making it a prime candidate for renovation to restore its former glory.

The property has seen a significant increase in capital value, from $440,000 in August 2019 to $710,000 in August 2022, marking a 61.36% growth. The latest HouGarden AVM estimates the property's value at $695,000. It last sold in November 1993 for $133,000. This property's potential is further highlighted by its location in a sought-after suburb and its proximity to various schools, making it an excellent investment opportunity.

Located within desirable school zones, this property offers access to a range of educational institutions including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School (decile 7), Shirley School (decile 3), Shirley Intermediate (decile 4), Christchurch Adventist School (decile 5), Mairehau High School (decile 4), Hagley Community College (decile 6), and Marian College (decile 8). This wide selection of schools caters to families with various educational preferences.

Updated on March 21, 2024.