Located at 42 Stackwood Avenue, Woodend, Waimakariri, this residential vacant land spans 453 square meters, offering a blank canvas for potential homeowners or investors. The property is characterized by its freehold ownership type, ensuring full control over the land. Despite the unknown specifics regarding the building's age, roof, and wall construction and condition, the level contour of the property presents an easy foundation for development. With no existing structures, the floor area is 0, and there are no car parks on the property.
The capital value of the property as of July 2021 was $370,000, marking a significant increase from its last sale price of $225,217 on July 30, 2021. The HouGarden AVM estimates the property's value at $362,500, indicating a stable market perception of the land's worth. This steady growth in capital value highlights the property's investment potential.
The property is advantageously located within the zones of several reputable schools, enhancing its appeal to families. Rangiora New Life School (Composite, Decile 9), Woodend School (Full Primary, Decile 8), Kaiapoi High School (Secondary Year 9-15, Decile 7), Christchurch Adventist School (Composite, Decile 5), and Marian College (Secondary Year 9-15, Decile 8) are all accessible, offering a range of educational options for children of different ages and interests.