238 Port Hills Road, Hillsborough, Christchurch

Nestled at 238 Port Hills Road, Hillsborough, Christchurch, this industrial warehousing property boasts a freehold title on a land area of 5346 sqm. Constructed in 2000 with concrete walls and an iron roof, both in good condition, the property features a floor area of 2296 sqm and provides ample parking for 20 cars.

With a capital value (CV) of $3,250,000 in 2019, the property has seen a rapid increase to $4,200,000 by 2022, reflecting a growth of 29.23%. The HouGarden AVM estimates the property's worth at $4,095,000, while the latest sale on July 10, 2024, was recorded at $5,500,000.

For families, the property falls within the catchment area of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Heathcote Valley School (Decile 9), and more. These institutions cater to various educational levels and needs, ensuring a sound investment for both present and future value.

Updated on August 21, 2024