2/148 Riverlaw Terrace, Saint Martins, Christchurch

Nestled in the serene St Martins, this 2-bedroom, 1-bathroom home with a single carpark on a level contour boasts a Aluminium roof and Fibrous Cement walls, both in good condition. This 1974-built Cross-Lease property at 2/148 Riverlaw Terrace is not just a residential haven but also a sound investment, given its Capital Value (CV) surge of 40.58% from $345,000 in 2019 to $485,000 in 2022. The property's HouGarden AVM stands at $465,000, with the latest sale recorded at $520,000 in 2024, a significant jump from the previous sale of $330,000 in 2016.

For families with school-going children, the property falls within the Cashmere High School zone and is in proximity to several well-rated institutions such as Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Middleton Grange School (Decile 9). This peaceful abode not only promises comfort with its heat pump and double glazing but also convenience with its proximity to local amenities and the Heathcote River.

With morning and afternoon sun, a private garden, and easy access to parks and the Waltham pool, this home offers a blend of tranquility and connectivity, making it an ideal choice for both first-time homeowners and investors.

Updated on October 16, 2024