34 Flaxmill Road, Casebrook, Christchurch

Nestled on a level plot at 34 Flaxmill Road in the serene Casebrook neighborhood of Christchurch, this residential property boasts a freehold title, offering boundless potential for future development. With no specified number of bedrooms or bathrooms, and no parking facilities mentioned, this vacant land measures a generous 330 square meters. Both the roof and wall construction remain unknown, hinting at a blank canvas awaiting transformation. The property's government valuation as of August 2022 stands at $400,000, while the HouGarden AVM estimates it at $367,500. The latest sale record, from October 16, 2024, indicates a transaction price of $825,000, suggesting a significant capital value increase.

Reflecting on its valuation history, the property has seen a substantial leap in its capital value, indicating a promising investment opportunity. The recent sale price reflects a robust market confidence in the area, which is further enhanced by the property's potential for growth and development.

For families with educational considerations, this property falls within a desirable school zone. While specific decile ratings and school names are not provided, the area is known for its quality educational institutions, making it an attractive prospect for those seeking a family-friendly locale.

Updated on December 04, 2024