9a Piko Crescent, Riccarton, Christchurch

Nestled at 9a Piko Crescent, Riccarton, Christchurch, this fully refurbished, single-level weatherboard home boasts a freehold title on a levelled 491sqm section. It features 4 bedrooms, 1 bathroom, and a spacious floor area of 129sqm. Constructed in 1940, the property has average-condition wood walls and tiled roofing. The capital value has seen a rapid increase of 46.15% from $390,000 in 2019 to $570,000 as of 2022. The latest sale was recorded in 2018 at $370,000, while the current HouGarden AVM estimates it at $552,500.

With a prime location and a high capital value growth rate, this property is a sound investment. It's zoned for top-rated schools such as Christchurch Boys' and Girls' High Schools, with deciles of 10 and 9 respectively, making it an ideal choice for families seeking quality education. Other nearby schools include Villa Maria College (decile 9), Kirkwood Intermediate (decile 7), and more, all within easy reach.

Backing onto Harrington Park, this residence offers tranquility and privacy. The modern upgrades include a new kitchen, bathroom, fresh paint, new flooring, and double glazing, ensuring a comfortable and stylish living experience. With such a motivated vendor and the potential for future development on RSDT land, this property presents a must-see opportunity.

Updated on August 02, 2024