26 Oakmill Drive, Casebrook, Christchurch

Nestled on a level plot at 26 Oakmill Drive, Casebrook, Christchurch, this residential vacant land boasts a freehold title. The property, with unknown specifics for the roof and wall construction, presents a clean slate for potential development. Its prime location is complemented by a capital value of $390,000 as of August 2022, indicating a promising investment opportunity.

History shows a consistent rise in value with the latest sale recorded at $285,000 in March 2024, up from $243,500 in October 2021. HouGarden's AVM estimates the property's worth at $372,500, reflecting a notable appreciation. The capital value growth percentage suggests a lucrative prospect for buyers and investors alike.

For families with school-aged children, the property falls within the catchment area of several esteemed institutions. Christ the King School and Villa Maria College, both with high decile ratings of 8 and 9 respectively, are among the many impressive educational facilities in the zone. This, combined with the property's other attributes, makes it an attractive package for those seeking a sound investment in education and real estate.

Updated on April 17, 2024