Nestled in the serene cul-de-sac of 5/182 Colombo Street, Sydenham, Christchurch, this residential vacant land is perfect for multiple housing. Constructed in 1970 with concrete walls and tiled roofing, the property presents an average condition both in walls and roof. It boasts a level contour and comes with a generous parking space for 4 cars, while the floor area spans a comfortable 200 square meters. The ownership type is a Cross-Lease.
With a current Capital Value (CV) of $1,010,000 as of August 2022, this property has shown a remarkable increase of 65.57% from its previous CV of $610,000 in August 2019. The HouGarden AVM estimates the property's value at $922,500, and the latest sale on October 22, 2024, was recorded at $1,065,615.
For families with school-going children, this property falls within the zone of several high-performing schools. These include Villa Maria College (Secondary, Decile 9), St Thomas of Canterbury College (Secondary, Decile 8), Middleton Grange School (Years 11-13, Composite, Decile 9), Cashmere High School (Secondary, Decile 9), Hillview Christian School (Composite, Decile 7), Christchurch Adventist School (Composite, Decile 5), Hagley Community College (Secondary, Decile 6), and Beckenham Te Kura o Puroto (Full Primary, Decile 8).
Updated on December 18, 2024