66 Centennial Avenue, Riccarton, Christchurch

Located at 66 Centennial Avenue, Riccarton, Christchurch, this residential dwelling boasts 2 bedrooms, 1 bathroom, and 2 carparks, covering a floor area of 85m2 on a generous land area of 746m2. Built in 1940, the property features wood wall construction and tile roofing, both in average condition, and sits on a level contour. The freehold property is described as having a good shape factor and is zoned for Residential Suburban Density Transition Zone, making it suitable for multi-unit development. The existing two-bedroom dwelling offers potential for extension to accommodate multiple bedroom student housing, complemented by a double garage.

The property has seen a significant increase in capital value, from $425,000 in August 2019 to $610,000 in August 2022, marking a 43.53% growth. The latest sale recorded on May 4, 2023, was at $615,000, up from $430,000 on October 3, 2016. The HouGarden AVM estimates the property's value at $597,500, highlighting its investment potential.

Education is a key feature of this property, located within the zones for Christchurch Boys' High School and Christchurch Girls' High School, both highly rated with deciles of 10 and 9, respectively. Other nearby educational institutions include Villa Maria College (decile 9), Kirkwood Intermediate (decile 7), St Thomas of Canterbury College (decile 8), Riccarton High School (decile 6), Middleton Grange School (Years 11 - 13) (decile 9), Wharenui School (decile 3), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6), offering a wide range of options for families.