123 Nazareth Avenue, Middleton, Christchurch

Nestled at 123 Nazareth Avenue, Middleton, Christchurch, this industrial warehousing property is set on a freehold land of 5597 square meters. It boasts a floor area of 2856 square meters, with 38 carparks and a solid construction that includes concrete walls and an iron roof, both in good condition. Built in 2002, this property presents a prime example of enduring architecture.

With a current Capital Value (CV) of $6,200,000 as of August 2022, the property has shown a significant increase of 16.98% from its $5,300,000 CV in August 2019. The HouGarden AVM estimates the property's value at $5,937,500, while the latest sale records from March 2024 indicate a transaction of $6,010,000, a substantial leap from the previous sale in May 1997 at $1,773,780.

For families, the property falls within the catchment area of several reputable schools. These include Villa Maria College (Secondary, Decile 9), Kirkwood Intermediate (Intermediate, Decile 7), St Thomas of Canterbury College (Secondary, Decile 8), and Riccarton High School (Secondary, Decile 6), among others. This ensures a quality education for children of all ages.

Updated on April 11, 2024