Nestled on a sun-drenched section at 126 Stapletons Road, Richmond, Christchurch, this vacant residential property offers a promising opportunity on a 693m2 freehold lot. With an unknown roof and wall construction, this level plot provides a blank canvas for your dream home. The property boasts a convenient location, being a short drive away from The Palms Shopping Mall, the city, and local shops. It includes 2 car parks and is zoned for reputable schools such as Banks Avenue School and Shirley Intermediate, backing onto Petrie Park. Historically, the property's Capital Value (CV) has seen a remarkable increase of 93.55% from $155,000 in August 2019 to $300,000 in August 2022. The HouGarden AVM estimates the property's value at $290,000, while the latest sale was recorded in February 1997 for $136,000.
With a CV growth rate that outpaces the market average, this property is not just a piece of land but a sound investment. The potential is immense, and the chance to secure an affordable opportunity in a sought-after location should not be missed.
For families with school-aged children, the property falls within a desirable school zone. It is served by a selection of high-performing schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8), among others. Build your dream home here and enjoy the benefits of a thriving community and excellent educational facilities.
Updated on April 10, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.32 km | 2 | 106m2 | 2024 03 04 | $535,000 | Council approved | |||
 | 0.33 km | 3 | 1 | 140m2 | 2024 02 29 | $645,000 | Council approved | |
0.29 km | 4 | 2 | 152m2 | 2024 02 21 | $620,000 | Council approved | ||
0.29 km | 2 | 105m2 | 2024 02 15 | $481,000 | Council approved | |||
0.29 km | 3 | 124m2 | 2024 01 15 | $298,500 | Council approved |