Nestled in the vibrant heart of Sydenham, close to Christchurch's City Centre, this unit-titled property at 3/72 Orbell Street boasts a practical layout and convenient access via Orbell Street and Durham Street South. Constructed in 1983 with concrete walls and an iron roof, both in average condition, the property includes a north-facing warehouse, roller door, and 2 car parks. The capital value has seen a rapid increase of 30.5%, jumping from $295,000 in August 2019 to $385,000 in August 2022. The latest sale was recorded at $385,000 in March 2024, closely aligning with the HouGarden AVM estimate of $367,500.
With a floor area of approximately 170sqm, this industrial-service property is a gem for investors. The property falls within a desirable school zone, including Middleton Grange School (decile 9), Hillmorton High School (decile 4), and Christchurch South Karamata Intermediate (decile 8), among others, ensuring a quality education for the family.
Whether it's the promising capital value growth, the convenience of the location, or the reputable school network, this property is a secure investment opportunity in the heart of Sydenham.
Updated on April 17, 2024
Name | Distance | 类型 | Year | 属性 | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Christchurch South Karamata Intermediate School | 1.05 km | Secondary | 7-8 | Government | Co-Educational | EQI: 421 | 8 | |
Te Puna Wai o Waipapa - Hagley College | 1.07 km | Secondary | 9-15 | Government | Co-Educational | EQI: 472 | 6 | |
Addington Te Kura Taumatua | 1.20 km | Primary | 1-6 | Government | Co-Educational | EQI: 478 | 3 | |
Marian College | 1.26 km | Secondary | 9-15 | Government | Single Sex-Girls | EQI: 434 | 8 | |
Hillview Christian School | 2.10 km | Combined | 1-13 | Government | Co-Educational | EQI: 421 | 7 | |
Hillmorton High School | 3.52 km | Secondary | 7-15 | Government | Co-Educational | EQI: 476 | 4 | |
Middleton Grange School | 4.58 km | Combined | 1-13 | Government | Co-Educational | EQI: 406 | 9 | |
Christchurch Adventist School | 5.29 km | Combined | 1-13 | Government | Co-Educational | EQI: 438 | 5 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 2 | 1 | 120m2 | 2024年04月16日 | $450,000 | Council approved | |
0.13 km | 3 | 120m2 | 2024年03月25日 | $450,000 | Council approved | |||
0.04 km | 3 | 102m2 | 2024年03月14日 | $487,000 | Council approved | |||
 | 0.24 km | 2 | 1 | 100m2 | 2024年01月29日 | $480,000 | Council approved | |
 | 0.18 km | 2 | 1 | 70m2 | 2024年01月29日 | $412,000 | Council approved |