42 Whites Tramway Road, Halswell, Christchurch

Nestled on a level plot at 5 Riroriro Lane, Halswell, Christchurch, this residential vacant land boasts a freehold title, offering potential buyers the opportunity for development. While the specifics of the wall and roof construction remain unknown, the property's contour is flat, potentially simplifying construction endeavors. With no existing structures, the land area of 426 square meters presents a blank canvas for the imaginative builder.

As per the property's valuation history, the capital value as of August 2022 stands at $395,000, with the HouGarden AVM estimating a slightly lower value of $377,500. Notably, the latest sale record indicates a significant leap from $353,913 in September 2021 to $760,000 in September 2024, showcasing a substantial growth percentage and indicating a prime investment opportunity.

For families with educational considerations, this property falls within the catchment area of several esteemed institutions. The nearby Villa Maria College and Middleton Grange School both hold a decile rating of 9, while St Thomas of Canterbury College and Aidanfield Christian School are rated 8 and 9 respectively. Other schools include Hillmorton High School, Our Lady of the Assumption School, Halswell School, Christchurch Adventist School, and Hagley Community College, all catering to various educational levels and decile ratings.

Updated on October 09, 2024