1/52 Royal Park Drive, Parklands, Christchurch

Located at 1/52 Royal Park Drive, Parklands, Christchurch, this residential ownership home unit is a testament to quality and potential. Built in 1977, the property features 3 bedrooms, 1 bathroom, and a single carpark, spread across a floor area of 100 square meters. The construction boasts concrete walls in good condition and a tiled roof also in good condition, all sitting on a level property contour. The ownership type is Cross-Lease, highlighting a unique aspect of its tenure.

The capital value of this property has seen a significant increase, from $295,000 in August 2019 to $440,000 in August 2022, marking a 49.15% growth. The latest sale recorded was on December 13, 2023, for $452,000, slightly above the HouGarden AVM of $422,500. This growth trajectory underscores the property's investment potential and the opportunity for further enhancement and value addition.

Education is well catered for with a range of schools within the zoning. Queenspark Primary School, Avonside Girls High School, and Shirley Boys High School are notable for their proximity, ensuring educational needs are met from primary through to secondary levels. The schools are diverse in their offerings, with decile ratings ranging from 4 to 9, catering to a broad spectrum of educational requirements and preferences.

Updated on April 06, 2024.