18 Portchester Street, Aranui, Christchurch

Nestled at 18 Portchester Street in the serene Aranui, Christchurch, this residential vacant land boasts a freehold title and a level contour. With unknown specifics for the wall and roof construction, this 716m2 flat corner section holds potential for your dream home. The property's CV has seen a 100% increase from $70,000 in 2019 to $140,000 as of 2022, showcasing a rapid growth rate. Additionally, the HouGarden AVM estimates the property's value at $142,500.

History reveals a series of tenders for adjacent sections, with opportunities to purchase at varying prices 'As Is, Where Is'. These tenders are considered above $60,000 each and are set to close on 28th August 2024. The property's location is further enhanced by its proximity to various schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Haeata Community College (Decile 1), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Marian College (Decile 8).

For those with a focus on education, this property falls within a highly regarded school zone. The range of school options cater to diverse educational needs, with high decile ratings indicating a quality learning environment. This combination of a promising investment opportunity and access to quality education makes 18 Portchester Street an attractive prospect for any buyer.

Updated on September 13, 2024