17 Waller Terrace, Christchurch Central, Christchurch

Nestled in the heart of Christchurch Central at 17 Waller Terrace, this Freehold industrial property is a gem on a quiet cul-de-sac. Constructed in 1979 with concrete walls and an iron roof, both in average condition, the building boasts a floor area of 165m2 and a land area of 281m2. It comes with 2 car parks and has undergone recent updates including a repaint and the installation of a new automatic door and LED lighting. The capital value has seen a rapid increase of 26.98% from $315,000 in 2019 to $400,000 as of 2022. The latest sale was recorded at $470,000 in 2024, a significant jump from the previous sale of $240,000 in 2011. HouGarden AVM estimates the property's value at $382,500.

When it comes to schools, the property falls within a highly sought-after zone. It is close to Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and several others, offering a range of educational options for families.

Updated on April 11, 2024