Welcome to this charming two-bedroom unit, ideally positioned in a serene cul-de-sac of Picton Avenue, Riccarton, Christchurch. Constructed in 1975 with concrete walls and tiled roof, this cross-lease property boasts a floor area of 105sqm and is in good condition both inside and out. The freehold title adds to the appeal, ensuring a worry-free investment opportunity.
With a current Capital Value (CV) of $465,000, this property has shown a remarkable increase of 38.8% since 2019, reflecting a sound investment prospect. The HouGarden AVM estimates the property's worth at $432,500, while the latest sale history in 2017 and 2014 was at $355,000 and $280,000 respectively.
For families with school-aged children, this property falls within the highly sought-after zones of Christchurch Boys' High School and Christchurch Girls' High School, both decile 10, along with several other well-rated schools. Enjoy the convenience of living close to top educational institutions and the nearby university, with shopping at Riccarton Mall just a stroll away.
Updated on June 07, 2024