3/169 Clarence Street, Riccarton, Christchurch

Nestled in a serene cul-de-sac on 3/169 Clarence Street, Riccarton, Christchurch, this charming townhouse boasts 2 bedrooms, a well-appointed bathroom, and a single carpark. Constructed in 1990 with sturdy brick walls and an iron roof, both in good condition, the property sits on a level contour. It's a cross-lease ownership with a generous floor area of 120 square meters. The home is heated by a heat pump and panel heaters, ensuring comfort throughout the year.

With a capital value of $530,000 as of August 2022, this property has shown a remarkable CV increase of 55.9% since August 2019. The HouGarden AVM estimates the property's value at $520,000, while the latest sale was recorded in 2003 for $243,444. This surge in value presents a golden opportunity for investors and homeowners alike.

For families with school-aged children, this property falls within the zone of several high-performing schools, including the prestigious Christchurch Boys' High School and Christchurch Girls' High School, both with a decile rating of 10 and 9 respectively. Other schools in the area include Villa Maria College, Kirkwood Intermediate, and Riccarton High School, all offering a quality education.

Updated on August 19, 2024