87 Peverel Street, Riccarton, Christchurch

Nestled at 87 Peverel Street in the heart of Riccarton, Christchurch, this Residential Dwelling is a gem in the property market. Constructed in 1995 with a mix of materials for the walls and tiles for the roof, this home stands in good condition both inside and out. It boasts 3 bedrooms, 2 carparks, and a generous floor area of 190 square meters, all set on a level contour. The property is under a Cross-Lease ownership, ensuring a secure and shared stake in the land.

With a Capital Value (CV) of $820,000 as of August 2022, this property has seen a remarkable increase of 36.67% from its $600,000 valuation in August 2019. The HouGarden AVM estimates it at $785,000, while the latest sales in 1995 were at $210,000 and $170,000. This home offers excellent value with its rising CV and potential for further growth.

For families with school-aged children, this property falls within the zones of esteemed institutions such as Villa Maria College (Decile 9), Kirkwood Intermediate (Decile 7), Christchurch Boys' and Girls' High Schools (Deciles 10 and 9 respectively), and more. The location provides access to high-quality education, making it an ideal investment for families looking to secure their children's future.

Updated on October 16, 2024