This 922 square meter freehold section at 322 Worsleys Road, Westmorland, Christchurch, is a gem with a capital value that has seen a remarkable increase of 60.34% from $290,000 in 2019 to $465,000 in 2022. The property, with an unknown roof and wall construction, offers a level contour and a north-facing orientation that guarantees unobstructed views and all-day sun. The section has been valued at $455,000 by HouGarden AVM, and the latest sale was recorded at $295,000 in 2021. This vacant residential property is zoned for a selection of high-quality schools, including Cashmere High School, Villa Maria College, and Thorrington School, all with impressive decile ratings.
With comprehensive soil investigations and Geotech reports already conducted, this section presents a developer's dream. The panoramic views from the city to the Southern Alps and the ocean, along with its proximity to outdoor activities like walking trails and mountain bike tracks, make it an ideal location for those who appreciate the outdoors. Don't miss the opportunity to secure this unique piece of land in a sought-after school zone.
Located in a prime educational district, the property falls within the catchment areas of several top-performing schools, such as Middleton Grange School and Our Lady of the Assumption School, both with high decile ratings. This is an exceptional opportunity to invest in a property that not only promises capital growth but also provides access to excellent education.
Updated on August 30, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 0m2 | Year 2024 Month 11 Day 28 | $405,000 | Council approved | |||
 | 0.18 km | -m2 | Year 2024 Month 11 Day 28 | $385,000 | Council approved | |||
0.16 km | 0m2 | Year 2024 Month 10 Day 25 | $500,000 | Council approved | ||||
 | 0.20 km | -m2 | Year 2024 Month 10 Day 10 | - | Council approved | |||
 | 0.24 km | 4 | 230m2 | Year 2024 Month 10 Day 10 | $1,635,000 | Council approved |