Located at 33 Larissa Road, Halswell, Christchurch, this property stands as a testament to potential and opportunity. Classified as 'Residential - Vacant', it spans a land area of 434 square meters under a Freehold ownership type. Despite the unknown specifics regarding its bedrooms, bathrooms, carparks, floor area, roof and wall construction, condition, and building age, its level contour hints at a straightforward development process.
Over the years, the property has seen a significant increase in its capital value, jumping from $220,000 on August 1, 2019, to $400,000 on August 1, 2022, marking an 81.82% growth. The HouGarden AVM estimates its value at $392,500, closely aligning with its latest sale price of $375,000 on February 5, 2024.
The property is zoned within an enviable school network, featuring proximity to several high-decile institutions. These include Villa Maria College and Middleton Grange School (Years 11 - 13) both with a decile rating of 9, St Thomas of Canterbury College and Aidanfield Christian School rated at decile 8, and Our Lady of the Assumption School (Chch) and Oaklands School, each boasting a perfect decile 10. The area also accommodates schools like Hillmorton High School (Year 9-15) with a decile of 4, Christchurch Adventist School at decile 5, and Hagley Community College at decile 6, ensuring a wide range of educational options.