Nestled in the serene Woolston neighborhood of Christchurch, this charming 104m2 dwelling on a generous 809m2 freehold section at 46 Tabart Street boasts 3 bedrooms and 2 car parks. Constructed in 1915 with wood walls and an iron roof, this property offers a fair roof condition and an average wall condition, set on level contour. The capital value has seen a remarkable increase of 58.90% from $365,000 in 2019 to $580,000 as of 2022. The property's HouGarden AVM is estimated at $562,500, with the latest sales recorded at $486,000 in May 2024 and $430,000 in March 2024, indicating a prime investment opportunity.
For families with children, the property falls within the decile 9 Middleton Grange School zone, along with other well-rated institutions such as Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), Te Aratai College (decile 3 for Year 7&8), and Opawa School (decile 4). This quiet cul-de-sac location provides a peaceful environment for raising a family.
Whether you're seeking a foundation for your dream home or a site for a new development, this property's wide 19.95m street frontage and central city fringe location make it an ideal choice for developers and investors. With local amenities, shopping centers, restaurants, entertainment, and beaches within easy reach, this section is set to become a prime development site.
Updated on July 26, 2024