Nestled on a level plot at 60 Division Street, Riccarton, Christchurch, this residential vacant land is primed for multiple housing. The freehold property, built in 1924, boasts an average condition wood exterior and iron roof. It offers a floor area of 370 square meters and a land area of 1402 square meters, with 4 car parks. The capital value has seen a rapid increase of 45.83% from $1,200,000 in August 2019 to $1,750,000 in August 2022. The HouGarden AVM estimates the property at $1,602,500, while the latest sales were recorded at $2,216,391 on November 25, 2024, and $2,217,391 on November 15, 2021.
For families, the property falls within a highly sought-after school zone. It includes top-rated secondary schools such as Christchurch Boys' High School (decile 10) and Christchurch Girls' High School (decile 9), as well as the well-regarded Villa Maria College (decile 9). Other educational institutions in the area include Kirkwood Intermediate (decile 7) and St Thomas of Canterbury College (decile 8), among others.
Available for a short-term tenancy in May, this property is a stand-alone character house with five bedrooms, one bathroom, and parking facilities. It's conveniently located, just a one-minute walk from Westfield Mall, cinemas, restaurants, and public transport.
Updated on December 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.07 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 23 | $350,000 | Council approved | |
 | 0.14 km | 2 | 1 | 83m2 | Year 2024 Month 10 Day 23 | $590,000 | Council approved | |
 | 0.10 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 18 | $510,000 | Council approved | |
 | 0.04 km | 4 | 1 | 136m2 | Year 2024 Month 09 Day 06 | $500,000 | Council approved | |
0.09 km | 2 | 1 | 91m2 | Year 2024 Month 08 Day 29 | $510,000 | Council approved |