Located at 5 Cork Street, Halswell, Christchurch, this residential vacant land offers a unique opportunity for those looking to build their dream home. The property spans 547m2 with a level contour, and as a freehold title, it provides full ownership rights. The exterior and roof construction details are currently unknown, reflecting the property's status as a blank canvas awaiting transformation.
Since August 2018, the capital value of this property has seen a significant increase from $225,000 to $420,000 as of August 2022, marking an 86.67% growth. The latest sale recorded on January 18, 2024, was at $375,000, slightly below the HouGarden AVM of $402,500. This trend underscores the property's appreciating value and potential as an investment or personal residence.
The property is situated in a prime education zone, surrounded by schools with high decile ratings. These include Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, Knights Stream School, Aidanfield Christian School, Hillmorton High School, Our Lady of the Assumption School, Christchurch Adventist School, and Hagley Community College. This wide selection of quality educational institutions makes it an ideal location for families.
Updated on April 06, 2024.