2 Monsaraz Boulevard, Halswell, Christchurch

Nestled on a level plot at 4 Monsaraz Boulevard, Halswell, Christchurch, this commercial property boasts a freehold title, offering vast potential in a thriving catchment area. With unknown roof and wall construction, and a land area of 16,228 square meters, it presents a blank canvas for development. The property, valued at $3,350,000 according to the latest government valuation, has seen a significant increase in its estimated worth, as reflected by the HouGarden AVM of $3,367,500. Its latest sale history, dated August 13, 2024, indicates a transaction of $1,560,000, suggesting a rapid capital value appreciation.

As for the government valuation, the property has shown a consistent rise in its assessed value, making it an attractive investment. The recent sale and the AVM figures further reinforce the potential for growth in this strategic location. With its proximity to the Ngai Puna Wai international multi-sports facility, The Acres is set to become a vibrant commercial hub.

For families considering the property's school zone, the area boasts a favorable decile rating and is served by a selection of reputable schools, ensuring access to quality education.

Updated on October 02, 2024