Introducing an opportunity to embrace the allure of Hillsborough living on this 607m² corner section at 404 Port Hills Road, Hillsborough, Christchurch. This vacant residential land, currently adorned with established fruit trees and used as a garden, offers a blank canvas for creating a home that reflects your style and preferences. With an easy/moderate fall contour, the property's specifics such as wall and roof construction remain unknown, highlighting its potential for customization. Ownership is freehold, ensuring full control over the development of this piece of paradise.
The property has seen a significant increase in capital value, doubling from $210,000 in August 2019 to $420,000 in August 2022, marking a 100% growth. The latest sale on March 6, 2024, was recorded at $250,000, slightly below the HouGarden AVM of $402,500, indicating a potential market adjustment or a unique purchase opportunity.
Located within excellent school zones, this property offers access to top-rated educational institutions including Middleton Grange School, Cashmere High School, and St Martins School, all with a decile rating of 9. Other nearby schools include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), Te Aratai College (decile 3), and Opawa School (decile 4), providing a range of options for families with children of different ages and educational needs.
Updated on April 04, 2024.