104/242 Manchester Street, Christchurch Central, Christchurch

Located at 104/242 Manchester Street, Christchurch Central, Christchurch, this property stands as a testament to modern living in the heart of the city. Despite the lack of detailed information on bedrooms, bathrooms, and floor area, its designation as 'Residential - Vacant' under a Unit Title ownership suggests a canvas ready for transformation. The property's construction details remain a mystery, with both wall and roof construction, as well as their conditions, marked as unknown. However, its level contour hints at ease of development or renovation.

The financial history of this property reveals a dynamic market performance. As of August 2022, the government's capital value assessment stood at $345,000. In contrast, the HouGarden AVM estimated its value slightly lower at $340,000, indicating a potential undervaluation in the market. Remarkably, the latest sale on February 5, 2024, shattered expectations with a closing price of $819,000, showcasing an impressive capital value increase and highlighting the property's significant investment potential.

While specific school zoning information is not provided, the central location of this property in Christchurch suggests proximity to a range of educational institutions, potentially offering excellent schooling options. The absence of detailed school zone and decile rating information invites potential buyers to conduct their own research into local schools, ensuring the property's suitability for families with educational needs.