Nestled in the tranquility of 7 Piripiri Place, Broomfield, Christchurch, this residential dwelling on a freehold title boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 2021 with quality brick walls and an iron roof, both in good condition, this level property spans an area of 84 square meters of floor space and 174 square meters of land. The recent updates have not only enhanced the aesthetic appeal but also contributed to a significant increase in the capital value from $440,000 in 2019 to $620,000 in 2022, marking a growth of 40.91%.
With a HouGarden AVM of $612,500 and the latest sale recorded at $542,000 in 2024, this property presents a sound investment opportunity. The previous sale in 2020 was at $429,000, further highlighting the consistent capital value appreciation.
For families with school-aged children, the property falls within the catchment area of several esteemed institutions. Russley School, a full primary with a decile rating of 7, is within easy reach. Additionally, Villa Maria College, St Thomas of Canterbury College, and Riccarton High School, all secondary schools with decile ratings of 9, 8, and 6 respectively, provide a range of educational options. The nearby Middleton Grange School and Christchurch Adventist School, each with their own unique decile ratings of 9 and 5, offer composite education, while Hagley Community College rounds out the list with a decile rating of 6.
Updated on November 27, 2024