Nestled on a sun-kissed section of 524sqm, 231 Westminster Street in Mairehau, Christchurch, offers a promising freehold opportunity. This vacant residential plot, with an unknown roof and wall construction, is a blank canvas for your dream home or development. The property's capital value has seen a slight decrease of 0.2% from $425,000 in 2019 to the current $340,000, while the HouGarden AVM estimates it at $407,500. Historically, the property sold for $415,000 in 2013 and $297,000 in 2009. With a convenient location, it's zoned for top-performing schools such as Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8), ensuring quality education for your family.
Despite the CV fluctuation, this property presents a golden chance to invest in a sought-after area. The potential is vast on this level plot, just waiting to be transformed into your vision. Don't miss the chance to secure this affordable section and join the neighborhood of esteemed schools and convenient city access.
Educationally, the area is served by Mairehau Primary and High School, Hagley Community College, Marian College, and more, all within reach. This is an opportunity to build not just a house, but a future in a thriving community.
Updated on April 22, 2024