55a Perth Street, Richmond, Christchurch

Nestled on a spacious fully-fenced section at 55a Perth Street, Richmond, Christchurch, this residential property with a 1960s vintage boasts a freehold title. It features 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 100 square meters on a levelled 837 square meter plot. The exterior walls are made of concrete, in average condition, while the roof is tiled and also in average condition. This property, with a current Capital Value (CV) of $565,000 as of August 2022, has shown a remarkable growth of 44.87% from its previous CV of $390,000 in August 2019.

With a HouGarden AVM of $542,500 and a historical sale in 1998 for $113,000, this property presents a promising investment opportunity. Its strategic location, close to popular bus routes and a short walk to Bealey Ave, provides easy access to the city center and amenities.

For families with school-aged children, the property falls within the zones of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Shirley Intermediate (Decile 4), and others. This home, with its sun-filled garden and potential for improvement, awaits a savvy buyer to embark on their next project.

Updated on October 03, 2024