Nestled on a level plot at 13 Akau Place, Bromley, Christchurch, this residential vacant property boasts a freehold title, promising security and autonomy. While specific details about the number of bedrooms and bathrooms are not available, the absence of construction details for the walls and roof add an air of mystery to this intriguing property. With a land area of 546 square meters, it presents a blank canvas for potential development. Currently, the property is valued at $330,000 according to the government’s capital value assessment as of August 2022.
History shows a promising trend, with the property’s HouGarden AVM estimate at $320,000, and a recent sale on September 5th, 2024, fetching a impressive $730,000. This reflects a significant increase in capital value, indicating a lucrative investment opportunity in the Christchurch real estate market.
For families with children, the property falls within a desirable school zone, known for its high decile ratings and quality educational institutions. This makes it an even more attractive prospect for those seeking a sound investment in both real estate and education.
Updated on October 16, 2024