Nestled on a spacious 1064sqm freehold section at 411a Wigram Road, Halswell, Christchurch, this property presents a versatile opportunity for buyers. The site is primed for development, boasting a modern 160sqm shed, fully insulated and double glazed, complete with amenities and a workshop equipped with 3-phase power. The unknown roof and wall construction adds a layer of mystery to this property, which is complemented by its level contour. With a CV of $500,000 as of August 2022 and a HouGarden AVM of $495,000, this property has shown a promising growth trajectory. Historically, it has been a multi-use section, ready for the next owner to bring their plans and start building.
On the valuation front, the property has seen a significant increase in its capital value over the years, making it an attractive investment. The recent sale history and AVM reflect a positive trend in the market. The capital value growth percentage is a testament to the potential of this property in a desirable location.
For families with school-aged children, this property falls within the catchment area of several high-performing schools, including Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and Knights Stream School (Decile 10), among others. These schools offer a range of educational options from primary to secondary levels, ensuring a quality education for your children.
Updated on November 26, 2024