34a Centennial Avenue, Riccarton, Christchurch

Nestled in the desirable Riccarton neighborhood at 34a Centennial Avenue, this Residential - Dwelling is a charming freehold property, built in 1940 with brick walls and tiled roofing. It boasts 2 bedrooms, 2 carparks, and a spacious floor area of 107m² on a levelled land of 288m². The property has an average wall and roof condition and is equipped with modern amenities including a heat pump for all-year comfort. The capital value has seen a significant increase from $410,000 in 2019 to $590,000 in 2022, reflecting a growth of 43.90%. The HouGarden AVM estimates the property at $562,500, while the latest sale was recorded at $475,000 in 2023, and $375,000 in 2015.

For families with school-aged children, the property falls within the zones of esteemed institutions such as Christchurch Boys' High School and Girls' High School, both decile 10, Riccarton High School with a decile of 6, and others. This makes it an ideal investment for those seeking prime educational opportunities. The property is also conveniently located near the University of Canterbury and Westfield Mall, adding to its appeal for both investors and families.

With a rental appraisal of $540 to $570 per week, this property presents an excellent opportunity for first-time buyers and investors looking for a comfortable family home or a solid investment in a prime location.

Updated on October 04, 2024