Nestled in a serene cul-de-sac at 111 Ruskin Street, Addington, Christchurch, this 2016-built, freehold property boasts 3 bedrooms, 2 carparks, and a floor area of 137 square meters on a sprawling 682 square meter lot. The residence features wood exterior walls, an iron roof in good condition, and a level contour, ideal for potential development. The property's Capital Value (CV) has seen a remarkable increase of 50.82% from $610,000 in 2019 to $920,000 as of August 2022. HouGarden's AVM estimates the property's value at $897,500, while the latest sale was recorded at $123,700 in 2000.
For investors and families, the location is a goldmine, close to sports facilities, the new stadium, Christchurch Hospital, and the vibrant city center. The north-facing living areas lead to a large deck and backyard, complete with raised vegetable gardens. The home includes double glazing, a gas fire, a heat pump, security alarm and cameras, and a separate double garage, offering both comfort and security. The property falls within a desirable school zone, with several high-performing institutions such as Middleton Grange School (Decile 9) and Marian College (Decile 8).
With a school network that includes Hillmorton High School, Christchurch South Karamata Intermediate, and Addington School, among others, this property is not just a home but a smart investment in education and real estate.
Updated on September 02, 2024