Nestled on a spacious 1,228sqm section at 35 Vagues Road, Northcote, Christchurch, this freehold property is a charming residential dwelling. Constructed in 1950 with solid brick walls in good condition and a tile roof that's average, the home boasts 3 bedrooms and a single carpark. The capital value has seen a remarkable increase of 62.6%, jumping from $455,000 in 2019 to the current $740,000 as of 2022. The latest sale in 2024 fetched $800,000, with HouGarden AVM valuing the property at $685,000.
With a proposed High Density Residential Zone on the horizon, this property holds potential for renovators, investors, and developers. The location is strategically situated 400 meters from Northlands Mall and approximately 6 kilometers from the CBD, with easy access to public transport and top-rated schools. The school network includes the likes of Marion College, St Joseph’s School, Papanui High and Primary, and Casebrook Intermediate, all within reach.
For those seeking a quiet private development or a family home with future land banking potential, this property presents an opportunity not to be missed. The chance to own a piece of history in a thriving community awaits.
Updated on May 22, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.32 km | 6 | 2 | -m2 | 2024 06 17 | $810,000 | Council approved | |
 | 0.13 km | 4 | 2 | 210m2 | 2024 06 05 | $992,000 | Council approved | |
0.19 km | 2 | 114m2 | 2024 01 22 | $645,000 | Council approved | |||
0.30 km | 1 | 1 | 58m2 | 2024 01 15 | $499,000 | Council approved | ||
 | 0.26 km | 4 | 140m2 | 2024 01 08 | $885,000 | Council approved |