27 Saxon Street, Phillipstown, Christchurch

Nestled in the heart of Phillipstown, Christchurch, at 27 Saxon Street, lies a prime industrial property on a freehold title. Constructed in 2002 with concrete walls and an iron roof, both in good condition, this approximately 192sqm industrial warehouse/office complex boasts a functional 175sqm warehouse and a cozy 20sqm office space. It features three on-site car parks, three-phase power availability, and a convenient location near main arterial routes and the CBD. The property has seen a significant Capital Value (CV) increase from $410,000 in August 2019 to $520,000 in August 2022, a growth of 26.8%. The latest sales history shows transactions at $565,000 on May 30, 2024, and $640,000 on October 3, 2023, while the HouGarden AVM estimates the property's value at $505,000.

For families, the property falls within a desirable school zone. Middleton Grange School (Years 11-13) rates a high decile 9, Hillview Christian School a decile 7, and Christchurch Adventist School a decile 5. Other schools in the area include Christchurch East School, Hagley Community College, Marian College, and Te Aratai College (Year 7&8), catering to diverse educational needs.

Updated on July 26, 2024