21 Bishopdale Court, Bishopdale, Christchurch

Nestled at 21 Bishopdale Court, Bishopdale, Christchurch, this Freehold property is a commercial-retail gem. Constructed in 1960 with concrete walls and an iron roof, both in average condition, the property offers a floor area of 150 sqm on a land area of 157 sqm. Its notable features include two frontages and adjacent parking, all set in a tranquil cul-de-sac. The property's Capital Value (CV) has seen a growth of 5.38% from $465,000 in 2019 to $490,000 as of 2022. The HouGarden AVM estimates it at $470,000, while the latest sale was recorded at $312,000 in 2024, following a previous sale in 2002 at $275,000.

When it comes to the educational facilities, the property falls within a highly regarded school zone. It includes Breens Intermediate (Decile 7), Isleworth School (Decile 5), Burnside High School (Decile 8), Christ the King School (Decile 8), and St Patrick's School (Decile 10), among others. These schools cater to a wide range of educational needs, from primary to secondary levels.

With a holding income of $29,019pa plus GST, this property presents a rare opportunity in a well-established retail hub, surrounded by over 80 stores, cafes, and amenities like New World Supermarket and a local tavern. It's a place where community life flourishes. All offers are welcome!

Updated on April 11, 2024