11 Draper Street, Richmond, Christchurch

Nestled in the serene Draper Street, Richmond, Christchurch, this 1950-built residence on a freehold title boasts 4 bedrooms, a generous floor area of 196sqm, and a sprawling land of 1538sqm. The home features wooden walls, an iron roof, and is complemented by a 3-car park space. With a CV of $815,000 as of August 2022, it has seen a remarkable growth of 45.5% since August 2019. The property, located in a quiet cul-de-sac, presents an ideal space for families with its multiple living areas and a master suite complete with a walk-in robe and private ensuite.

History shows a promising trend with the latest sale at $730,000 in 2020 and an estimated value of $785,000 by HouGarden AVM. This is a property where investment potential is clear, with a previous sale price of only $340,000 in 2004. The capital value increase is a testament to the appeal and growth of the area.

For families with school-aged children, the property falls within the decile 9 Middleton Grange School zone and is close to other well-rated institutions such as Hillview Christian School and Hagley Community College. The array of educational options is a significant draw for families looking to settle in a quality school district.

Updated on October 03, 2024