Nestled in the serene Saint Martins, Christchurch, this 1948-built, freehold property at 116 Riverlaw Terrace boasts a charming single-level residence. With an area of 118sqm, it features 3 bedrooms, 2 carparks, and is complemented by wooden walls and tiled roofing in average condition. The capital value has seen a remarkable growth of 59.55% from $445,000 in 2019 to $710,000 as of 2022, while the HouGarden AVM estimates it at $705,000. The latest sales were recorded at $560,000 in 2021 and $517,000 in 2019.
Boasting a level contour and a spacious land area of 625sqm, the property is zoned for top schools such as Villa Maria College (Decile 9) and Cashmere High School (Decile 9), ensuring an excellent educational environment. The living space is enhanced by polished timber floors, a log burner, and a heat pump, flowing beautifully from a cozy sitting area to a dining space, and a kitchen with ample storage and French doors opening to a deck and a neatly edged lawn.
With a prime location in a quiet cul-de-sac, it's a perfect blend of convenience and tranquility, with easy access to amenities and a short commute to the city. This property offers a rare opportunity to secure a family home with a rich history of value appreciation and a desirable school zone.
Updated on November 18, 2024