Located at 129a Taylors Mistake Road, Scarborough, Christchurch, this residential vacant land offers an unparalleled opportunity to build a seaside home in a coveted location. The property spans 876sqm on a freehold title, with an easy/moderate fall contour. Despite the unknown specifics regarding the building's age, roof, and wall construction, the land's prime position on Scarborough Hill promises breathtaking views and a connection to nature that is rare and highly sought after. The property is perfectly positioned for privacy and access to outdoor activities, with private access to walking tracks, breathtaking views of Godley Heads, Boulder Bay, and Taylor's Mistake, and proximity to Sumner village's vibrant life.
The capital value of the property has seen a remarkable increase, doubling from $230,000 in August 2019 to $460,000 in August 2022, reflecting a 100% increase. The latest sale on January 30, 2024, was at $395,000, slightly below the HouGarden AVM of $442,500, indicating a strong market interest in such unique properties.
The property is zoned for several high-decile schools, including Sumner School (decile 10), Middleton Grange School (decile 9), and Marian College (decile 8), among others. This ensures access to quality education, making it an excellent choice for families looking to build their dream home in a serene yet vibrant community.
Updated on April 06, 2024.