120 Peverel Street, Riccarton, Christchurch

Nestled in the heart of Riccarton, at 120 Peverel Street, Christchurch, this freehold standalone house is a gem on a 630sqm level plot. Constructed in 1940 with brick walls and tiled roof, the property enjoys an average condition both inside and out. It boasts 4 bedrooms, a well-appointed kitchen, a sunny lounge, and a single carpark, with a floor area of 119sqm. The master bedroom comes with an ensuite and a separate entrance to the yard, adding a touch of luxury to family living, while the heat pump ensures comfort throughout the year.

With a Capital Value (CV) of $730,000 as of August 2022, this property has shown a remarkable growth of 65.91% since August 2019. The HouGarden AVM estimates the property at $710,000, and the latest sale history includes transactions at $465,000 in 2019 and $420,000 in 2016. This prime piece of real estate is not just a home but a sound investment opportunity.

For families with school-aged children, the property falls within the zone of several prestigious schools, including Christchurch Boys' and Girls' High Schools, both decile 10. Other notable schools in the area include Villa Maria College (decile 9), Kirkwood Intermediate (decile 7), and more. This combination of location, value, and educational opportunities makes it a trulyMotivating purchase in a prime position.

Updated on August 01, 2024