27 Portchester Street, Aranui, Christchurch

Nestled in the tranquility of a quiet cul-de-sac at 27 Portchester Street, Aranui, Christchurch, this residential vacant land boasts a level contour and the security of freehold ownership. With unknown specifics regarding the wall and roof construction, this 741m2 plot presents a clean slate for potential development. The property's CV has seen a remarkable 100% increase from $70,000 in 2019 to $140,000 as of August 2022, showcasing a promising investment opportunity. Additionally, the HouGarden AVM estimates the property's value at $142,500, further solidifying its worth.

History reveals a series of sections sold in the vicinity, with tenders being considered above $60,000. This flat section, along with others in the same street, offers a unique chance for buyers to secure their piece of prime real estate. Tenders for this property will close on the 28th of August 2024 at 1pm.

For families with educational considerations, this property falls within the zones of several schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Haeata Community College (Decile 1), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Marian College (Decile 8), ensuring a variety of educational options for children of different ages.

Updated on September 16, 2024