Nestled in the serene Northwood, Christchurch, 35 Groynes Drive presents a unique opportunity on a 13,633 sqm freehold block. With unknown外墙 and屋顶 details, this property's potential is vast. The site, bordering the Northern Motorway and near a Commercial Local Zone, is part of the city's wider expansion. It enjoys easy access to various amenities and is a short drive from the Christchurch International Airport. Historically, the capital value has seen a significant increase of 70.59% from $680,000 in 2019 to the current $1,160,000. HouGarden AVM estimates it at $1,072,500. The property falls within a desirable school zone, including Christ the King School (Decile 8), Villa Maria College (Decile 9), and others, making it an attractive option for families.
With a capital value growth that outpaces the market, this property is not just a piece of land but a sound investment. The recent sale history and AVM reflect the area's rising popularity and potential for further development. Whether for private use or commercial endeavors, the possibilities are vast on this strategically located parcel.
For families with educational priorities, the property is within the catchment of several well-rated schools. Christ the King School, Villa Maria College, and Middleton Grange School are among the top choices, each with a decile rating that signifies a high standard of education. This combination of location, value, and educational opportunities makes 35 Groynes Drive a stand-out choice in the property market.
Updated on July 10, 2024