814 Colombo Street, Christchurch Central, Christchurch City

Nestled at 814 Colombo Street, Christchurch Central, this commercial property is set on a level contour with a land area of 145 square meters. It boasts a freehold title, ensuring full control and ownership. While the specifics of the wall and roof construction are unknown, the property presents a unique opportunity in a bustling location. It features one bathroom and no car parks, making it an ideal investment for those seeking a central, vacant commercial space.

With a Capital Value (CV) of $445,000 as of August 2022, this property has shown a significant increase from its previous CV of $340,000 in August 2019, reflecting a growth rate of 30.88%. The HouGarden AVM estimates the property's value at $427,500. The latest sale history includes a transaction on August 24, 2024, for $400,000, and another on June 3, 2020, for $316,000.

For families, the property falls within a highly regarded school zone. It is served by Heaton Normal Intermediate, rated 9 on the decile scale, and Christchurch Boys' High School, rated a perfect 10. Other notable schools in the area include Elmwood Normal School, Christchurch Girls' High School, Middleton Grange School, Hillview Christian School, and more, catering to a range of educational needs and preferences.

Updated on October 09, 2024