Nestled on the edge of Little River, Christchurch, this picturesque 1.668ha freehold block at 14 Mersey Street presents a serene rural escape. With an unknown roof and wall construction, this residential bare block is a blank canvas for your dream home. The property, zoned for Residential Small Settlement, has experienced a 72% increase in Capital Value from $250,000 in 2019 to $430,000 in 2022. HouGarden AVM estimates the property at $417,500, hinting at its investment potential.
History shows a promising trend with a significant jump in CV, reflecting the growing appeal of the area. The property's potential is further enhanced by its location within a desirable school zone. The nearby Villa Maria College, Lincoln High School, St Thomas of Canterbury College, Middleton Grange School, Aidanfield Christian School, and Christchurch Adventist School offer a range of educational options, with high decile ratings indicating quality education.
With a tranquil setting and excellent school networks, this elevated north-facing section is not just a piece of land; it's an opportunity to become part of a thriving community in Little River.
Updated on July 24, 2024