22 Monarch Drive, Robinsons Bay, Christchurch

Nestled in the serene Robinsons Bay, Christchurch, this vacant residential section at 22 Monarch Drive boasts a steep fall contour on its 600 sqm of freehold land. With an unknown roof and wall construction, this property invites creative vision for potential development. The capital value has seen a significant increase from $160,000 in 2019 to $230,000 in 2022, reflecting a growth rate of 43.75%. The latest sales history shows a transaction at $175,000 in 2021 and $100,000 in 2019, while the HouGarden AVM estimates the property's worth at $220,000. Educationally, the property falls within the zones of several high-performing schools, including Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), Aidanfield Christian School (Decile 8), Duvauchelle School (Decile 6), and Christchurch Adventist School (Decile 5), making it an attractive prospect for families.

Updated on October 24, 2024