Nestled in the serene Silverstream subdivision, 3 Bastings Street presents a prime opportunity on a Freehold titled section. This level plot, ready for construction, is conveniently located near local amenities and transportation. Despite the unknown specifics of the wall and roof construction, the potential is palpable with a CV that has skyrocketed by 108.88% from $170,000 in 2019 to $350,000 as of 2022. The latest sale in the area highlights the value at $290,000, while the HouGarden AVM estimates it at $335,000. This is a land of promise, where you can build your dream home.
With a history of steady capital value growth, this section is not just a piece of land but a sound investment. The government’s valuation surge is a testament to the area’s desirability, making it an attractive prospect for any buyer.
For families with school-aged children, the property falls within the catchment of several well-regarded institutions. Rangiora New Life School boasts a decile rating of 9, while Kaiapoi Borough School, Kaiapoi High School, Christchurch Adventist School, and Marian College offer diverse educational opportunities with their respective decile ratings of 5, 7, 5, and 8.
Updated on April 11, 2024
