Located at 22 Newnham Terrace, Upper Riccarton, Christchurch, this residential dwelling boasts 3 bedrooms, a spacious floor area of 160 square meters, and accommodation for 2 cars in its garage. Constructed in 1996 with brick walls and tile roofing, both in good condition, this property sits on a level contour under a Cross-Lease ownership type. Its prime location offers convenience and a comfortable lifestyle, making it an ideal home or investment opportunity.
The property has seen a significant increase in capital value, from $540,000 in August 2019 to $740,000 in August 2022, marking a 37.04% growth. The latest sale recorded was $669,000 on February 22, 2024, following a previous sale at $325,000 on January 12, 2007. The HouGarden AVM estimates its value at $710,000, highlighting its potential as a valuable asset.
Education is a priority with this property, situated within zones for several reputable schools including Ilam School (decile 6), Villa Maria College (decile 9), Kirkwood Intermediate (decile 7), St Thomas of Canterbury College (decile 8), Riccarton High School (decile 6), Middleton Grange School (Years 11 - 13) (decile 9), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6). This wide selection offers excellent educational opportunities for families.
Updated on April 04, 2024.