Nestled at the end of a peaceful tree-lined driveway on 75a Hinau Street, Riccarton, Christchurch, this charming freehold property exudes a serene ambiance. Constructed in 1959 with concrete walls and an iron roof, both in good condition, the residence boasts 3 bedrooms, 152 square meters of floor area, and a spacious 873 square meters of land. The property's capital value has seen a substantial increase from $730,000 in 2019 to $1,140,000 as of 2022, reflecting a growth of 56.16%. The home is equipped with a heat pump and includes a double car park.
With a HouGarden AVM of $1,057,500 and a latest sale history of $575,000 in 2013, this property holds significant value. The government's capital value increase indicates a promising investment opportunity. The property's contour is level, and it is situated in a quiet cul-de-sac, enhancing its appeal.
For families with school-aged children, the property falls within the intake zones of several high-ranking schools, including Ilam School with a decile of 6, Villa Maria College at decile 9, and the prestigious Christchurch Boys' and Girls' High Schools, both at decile 10 and 9 respectively. Other schools in the area include Kirkwood Intermediate, St Thomas of Canterbury College, Riccarton High School, Middleton Grange School, Christchurch Adventist School, and Hagley Community College, all offering a range of educational opportunities.
Updated on June 21, 2024