231 Lichfield Street, Christchurch Central, Christchurch

Nestled at 231 Lichfield Street, Christchurch Central, this modern industrial-warehousing property boasts a freehold title on a 1,001sqm* land. Constructed in 2014 with concrete walls and an iron roof, both in good condition, the building offers 467sqm* of floor area and is complemented by 15 on-site car parks. Notably, the property's capital value has seen a rapid increase of 28.66%, from $1,570,000 in 2019 to $2,020,000 as of August 2022.

With a HouGarden AVM valuation of $2,032,500 and a recent sale history, the property presents a solid investment opportunity. The latest transaction took place on July 9, 2024, for $2,010,000, following a previous sale in May 13, 2014, for $700,000.

For families, the property falls within the catchment area of several well-regarded schools. These include Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), and more. The location provides easy access to educational institutions and is a key highlight for potential buyers.

Updated on September 04, 2024