Nestled in the tranquility of a quiet cul-de-sac at 25 Portchester Street, Aranui, Christchurch, this residential vacant land boasts a generous 1,206m2 of level contour. It comes with the security of freehold title, though details of the wall and roof construction remain unknown. The property's potential is further enhanced by its CV, which has seen a 100% increase from $110,000 in 2019 to $220,000 as of August 2022. The HouGarden AVM mirrors this figure, indicating a strong market value for the section.
With a CV growth rate that outpaces the norm, this property's investment potential is undeniable. The recent sales history suggests that tenders above $60,000 are considered for each section, with the tender for 25 Portchester Street closing on 28th August 2024. This is an opportunity not to be missed, especially given the property's strategic location within a sought-after school zone.
When it comes to education, the area is a parent's dream. The nearby 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), offer a diverse range of educational options for families.
Updated on September 04, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.06 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 24 | - | Council approved | |
 | 0.15 km | -m2 | Year 2024 Month 09 Day 13 | - | Council approved | |||
 | 0.14 km | -m2 | Year 2024 Month 09 Day 13 | - | Council approved | |||
 | 0.07 km | -m2 | Year 2024 Month 09 Day 11 | - | Council approved | |||
 | 0.06 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 28 | - | Council approved |