10 Tea Tree Lane, Wigram, Christchurch

Nestled on a level plot at 10 Tea Tree Lane, Wigram, Christchurch, this residential vacant land boasts a freehold title, offering boundless potential for your future development. While the specifics of the wall and roof construction remain unknown, the property's contour is flat, providing a solid foundation for your building aspirations. With no existing structures, the site currently has no bedrooms, bathrooms, or carparks, but at 633 square meters, it presents a generous space to create your ideal home.

As per the latest property valuation, the capital value has seen a remarkable increase, with the August 2022 assessment at $550,000. The HouGarden AVM estimates the property's worth at $530,000, and a recent sale on March 8, 2024, sets the market value even higher at $910,000, indicating a significant growth percentage and a promising investment opportunity.

For families with educational considerations, this property falls within the catchment area of several esteemed schools. The nearby Villa Maria College, St Thomas of Canterbury College, and Middleton Grange School all have high decile ratings, while Wigram Primary School - Te Piki Kahu, Aidanfield Christian School, and Hagley Community College offer diverse educational options. Hornby High School and Christchurch Adventist School also serve the community with their respective educational programs.

Updated on April 11, 2024