4/38 Picton Avenue, Riccarton, Christchurch

Welcome to a serene 2-bedroom abode nestled in a quiet cul-de-sac at 4/38 Picton Avenue, Riccarton, Christchurch. This residential unit, built in 1974, boasts a solid concrete exterior and a tile roof in good condition. It sits on level contour and is under a Cross-Lease ownership. The property has seen a significant Capital Value (CV) increase of 49.23% from $325,000 in 2019 to the current $485,000. The latest sale was for $450,000 in 2021, with a HouGarden AVM estimate of $465,000.

For families with school-aged children, the property falls within the zones of highly regarded schools such as Christchurch Boys' and Girls' High Schools, both with a decile rating of 10 and 9 respectively. Other schools in the area include Villa Maria College, Kirkwood Intermediate, and more, catering to various educational needs.

With a spacious living area, a well-appointed bathroom, and a north-facing master bedroom drenched in sunlight, this home offers comfort and convenience. The private, fenced outdoor area and the allocated garage provide additional space for relaxation and storage. This property is perfect for small families, first-time buyers, or investors seeking a prime location with promising returns.

Updated on April 18, 2024