Located at 46 Chambers Avenue, Woodend, Waimakariri, this residential vacant land spans 520 square meters, offering a blank canvas for potential homeowners or investors. The property, with its level contour, is under freehold ownership, providing full rights to the land without any leasehold duties. Despite the lack of detailed information on the building's age, roof, and wall construction, the property's potential for development is undeniable.
The capital value of this property as of July 2022 stands at $380,000, reflecting its value and potential in the current market. The HouGarden AVM estimates the property's value at $372,500, closely aligning with the official capital value. The property has seen a significant increase in value, with the latest sale on February 8, 2024, fetching $268,000, up from $221,739 on July 2, 2021. This indicates a robust growth in capital value, showcasing the property's investment potential.
The property is ideally located within excellent school zones, enhancing its appeal to families. Rangiora New Life School (Composite, Decile 9), Woodend School (Full Primary, Decile 8), Kaiapoi High School (Secondary Year 9-15, Decile 7), Christchurch Adventist School (Composite, Decile 5), and Marian College (Secondary Year 9-15, Decile 8) are all within the vicinity, offering a range of educational options for children of different ages and needs.