12 Vangioni Lane, Akaroa, Christchurch

Nestled on a level plot of approximately 500m2, this vacant residential property at 12 Vangioni Lane, Akaroa, Christchurch, offers the promise of potential with its freehold title. Basking in all-day sun, the land is adorned with mature Italian olive trees, including Leccino and Frantoio varieties. The property is situated in a serene cul-de-sac, with modern houses as neighbors, providing a unique opportunity to build a dream home or cultivate the existing olive grove. With services available to the boundary, this is a rare find on the outskirts of Akaroa, boasting views over the picturesque Grehan Valley.

Boasting a 74.07% increase in Capital Value from $135,000 in August 2019 to $235,000 in August 2022, the property's worth has seen a significant surge. The HouGarden AVM estimates the value at $230,000, while the latest sales records from May 2024 and September 2022 indicate sales prices of $240,000 and $235,000 respectively.

For families, the property falls within the catchment area of several well-regarded schools. These include Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Years 11-13, Decile 9), Aidanfield Christian School (Decile 8), and Christchurch Adventist School (Decile 5), ensuring access to quality education.

Updated on July 26, 2024