79 Petrie Street, Richmond, Christchurch

Nestled in the desirable cul-de-sac of Petrie Street, Richmond, Christchurch, this charming 3-bedroom, 2-carpark home is a perfect blend of yesteryear elegance and modern living. Constructed in 1920 with wood walls and iron roof, it sits on a level 736m2 freehold section. The property's capital value has seen a remarkable increase of 63.04%, from $460,000 in 2019 to $750,000 as of 2022. The latest sale history includes a transaction in 2018 for $470,000 and another in 2003 for $225,000. HouGarden's AVM estimates the property's value at $720,000. The well-maintained home features a spacious living area, an open-plan kitchen and dining with indoor-outdoor flow, two heat pumps, a tiled bathroom, and a separate toilet. It also boasts a cleverly concealed laundry and a double garage with a workshop space.

For families with school-aged children, the property falls within the catchment area of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Shirley Intermediate (Decile 4), among others. The location is conveniently close to the Palms Mall, parks, and recreational facilities, with easy access to public transport and the central city.

With its rich character, modern comforts, and an impressive CV growth rate, this property presents an attractive opportunity for homebuyers and investors alike.

Updated on October 07, 2024