4 Bluewater View, Mount Pleasant, Christchurch

Located at 4 Bluewater View, Mount Pleasant, Christchurch, this residential vacant land spans an impressive 832 square meters. With a freehold ownership type, the property boasts a steep rise contour, offering potential for stunning panoramic views. Despite the unknown specifics regarding bedrooms, bathrooms, and floor area, the land accommodates 2 carparks, indicating ample space for future development. The construction details of the roof and walls remain unspecified, reflecting the property's current vacant status and the vast potential for a custom build.

Over the years, the capital value of this property has seen a remarkable increase, doubling from $265,000 in August 2018 to $530,000 in August 2021, marking a 100% growth. The latest sale recorded on November 13, 2023, was at $536,500, slightly above the HouGarden AVM of $520,000, showcasing the property's consistent appeal and value appreciation. This trend underscores the property's investment potential and the opportunity for significant capital gains.

The property is zoned for several high-decile schools, including Mt Pleasant School (decile 10), Middleton Grange School (decile 9), Marian College (decile 8), and Hillview Christian School (decile 7), among others. This advantageous school zoning, combined with the property's prime location and the lifestyle it offers, makes it an ideal choice for families looking to build their dream home in a supportive and high-quality educational environment.