Nestled in the serene Woodend, Waimakariri, 27 Te Pouapatuki Road presents a rare freehold opportunity on a 4.6442 hectare lot. This vacant lifestyle property, with an unknown roof and wall construction, holds a government valuation (CV) of $670,000 as of July 2022. The land, which includes a developer-installed base driveway, is complemented by essential services to the boundary, including power, fibre, sewer, and Council water. Its location, enhanced with post and rail fencing and custom-made timber gates, is both tranquil and convenient, with easy access to local amenities and the proposed Woodend bypass. Historically, the property saw a lot sold for $567,000 in August 2024, with the remaining lot now available for enquiries over $565,000.
Financially, the property's capital value has shown a steady increase, with a promising growth trajectory. The HouGarden AVM mirrors the CV at $670,000, indicating a strong market sentiment. This is further supported by a previous sale where the price was $105,000 under the RV, signifying a lucrative investment opportunity.
For families, the property falls within a desirable school zone. Woodend township, a short walk away, is home to well-rated schools, ensuring quality education for your children. The proximity to Christchurch and its airport, approximately a 20-minute drive, adds to the appeal, making this property an ideal blend of rural tranquility and urban convenience.
Updated on September 11, 2024