6 Riselaw Street, Mairehau, Christchurch

Nestled on a serene freehold section at 6 Riselaw Street, Mairehau, Christchurch, this charming 82m2 home with 2 bedrooms and 1 bathroom is a perfect blend of vintage appeal and modern convenience. Constructed in 1940 with fibrous cement walls and tiled roofing, it sits on a levelled 859m2 land area with a fair wall condition and an average roof. The property, complete with a single carpark and a separate laundry, features a combined kitchen and dining area, a lounge with sliding doors opening to a sunny backyard, and a sheltered area for indoor-outdoor entertainment. As the latest valuation shows a Capital Value of $455,000, it has seen a remarkable increase of 49.18% from its previous CV of $305,000 in 2019. The HouGarden AVM estimates the property at $442,500, while the latest sale history includes transactions at $205,000 in 2010 and $241,000 in 2008.

For families with school-aged children, the property falls within the decile 9 Middleton Grange School zone and is also in proximity to several other well-rated schools such as Emmanuel Christian School, Shirley School, Mairehau High School, and Marian College. This educational catchment area is a significant advantage for those seeking top-notch education facilities.

With its prime location, potential for value appreciation, and access to quality education, this property presents a compelling opportunity for both investors and families.

Updated on July 19, 2024