Located at 7b Riselaw Street, Mairehau, Christchurch, this residential dwelling boasts 3 spacious bedrooms, a well-appointed bathroom, and a single carpark, covering a floor area of 146 square meters on a freehold land area of 337 square meters. The property features wood wall construction and an iron roof, both in good condition, and is set on a level contour. Built in 2024, it offers modern living with its north-facing living areas, super sharp kitchens equipped with quality appliances, stone benchtops, and great storage options. The outdoor living areas are quiet and sheltered, complementing the classy bathrooms with full tiled showers. Each of the 3 generous double bedrooms is designed for comfort, with the masters featuring their own walk-in robe and ensuite. The property is excellently heated and cooled with 2 heat pumps, ensuring a comfortable environment year-round.
The capital value of the property as of August 2022 was $720,000, with a HouGarden AVM estimation at $710,000. This property represents a unique opportunity, especially given its rapid appreciation and the transformation of its location. Set in a tree-lined street with the local primary school just over the back fence, it is close to town and surrounded by much development, indicating that your investment could go extraordinarily far here. This brand new build is one of two available, each brilliant in its own way and promising significant rewards for early adopters.
Located in a sought-after school zone, this property is ideal for first home buyers, retirees, investors, and families alike. Its proximity to quality educational institutions adds to its appeal, making it a must-see on your property watch list. The market is expected to rise, and properties like this are poised for significant value appreciation.
Updated on April 02, 2024.
