3 Hillary Crescent, Upper Riccarton, Christchurch

Nestled at 3 Hillary Crescent, Upper Riccarton, Christchurch, this residential dwelling on a freehold title was built in 1950 and offers 5 bedrooms, 1 bathroom, and a floor area of 92 square meters on a level contour. The property features a mix of wall materials in good condition, a tile roof in average condition, and no dedicated car parks. The current Capital Value (CV) as of August 2022 is $550,000, showing a significant increase of 48.65% from the CV in August 2019 of $370,000. The HouGarden AVM estimates the property's value at $552,500, closely matching the latest sale price of $545,000 in May 2021.

With a promising rental return, this property is an ideal investment for student groups or other tenant clusters. It includes a main house with three bedrooms, a lounge, kitchen, and bathroom, complemented by a two-bedroom sleepout with a shared bathroom and study space. The property's CV growth and rental potential make it a real money-maker. Notably, it falls within the catchment area of several schools, including Villa Maria College (Decile 9), Riccarton School (Decile 3), and St Thomas of Canterbury College (Decile 8), among others.

For parents considering the educational opportunities, the local school network is a significant highlight. The area offers a range of school options, catering to different age groups and educational needs, all within an accessible and family-friendly community.

Updated on October 01, 2024