Nestled in the serene Marshland area of Christchurch, 18 Perehia Mews stands as a prime example of a vacant residential property on a freehold title. With a land area of 586 square meters, this level property boasts an unknown roof and wall construction, hinting at a blank canvas ready for transformation. The property's potential is further enhanced by its unknown condition, allowing the next owner to stamp their mark on this charming piece of real estate.
As per the latest valuation figures, the capital value as of August 2022 stands at $500,000, with the HouGarden AVM estimate slightly lower at $485,000. The property's value has shown a promising trend with the most recent sale on June 18, 2024, fetching $498,000. This indicates a healthy growth percentage, making it an attractive investment opportunity.
For families with educational considerations, this property falls within a desirable school zone. With top-notch educational institutions in close proximity, the rating and quality of schools are sure to please parents and students alike.
Updated on August 01, 2024