31 Piko Crescent, Riccarton, Christchurch

Nestled in the serene Piko Crescent of Riccarton, Christchurch, this charming freehold property boasts a generous land area of 794sqm. Constructed in 1940 with wood exterior walls and tiled roofing, the dwelling maintains a good wall condition and an average roof condition. It offers 2 bedrooms, 1 bathroom, 2 car parks, and a floor area of 92sqm. The home is graced with natural light, enhancing its spaciousness, and features modern amenities such as a heat pump, separate laundry, and a second heat pump in the hallway for all-year comfort.

As for its financials, the capital value has seen a remarkable increase of 42.53% from $435,000 in 2019 to $620,000 in 2022. The HouGarden AVM estimates the property's value at $567,500. This is a clear indicator of the property's investment potential. Moreover, the recent sales history affirms the growing demand for such properties in this desirable location.

Educationally, the property falls within the zones of several high-performing schools, including Christchurch Boys' High School and Girls' High School, both with a decile rating of 10 and 9 respectively. Other schools in the vicinity include Villa Maria College, Kirkwood Intermediate, and St Thomas of Canterbury College, all contributing to a high-quality educational environment for residents.

Updated on December 16, 2024