69 Crofton Road, Harewood, Christchurch

Nestled on a level plot at 69 Crofton Road, Harewood, Christchurch, this residential bare block boasts a freehold title, constructed in 1910 with wooden walls and an iron roof, both in average condition. It offers a floor area of 130sqm and is set on a vast land of 11,665sqm with a single carpark. The property's capital value has seen a dramatic increase, rising from $2,340,000 in August 2019 to $4,170,000 as of August 2022, reflecting a growth of 78.2%.

According to the latest valuation, the property is estimated at $3,992,500 by HouGarden AVM, with the most recent sale recorded on March 27, 2024, at $3,650,000. This presents a lucrative opportunity for investors and homebuyers alike.

For families with school-aged children, the property falls within the catchment area of several well-regarded schools. These include Harewood School and Cotswold Matahae School, both with a decile rating of 8, as well as St Patrick's School in Bryndwr, which boasts a perfect 10 decile score. Other educational institutions in the vicinity are Breens Intermediate, Christ the King School, Villa Maria College, Middleton Grange School, Emmanuel Christian School, Papanui High School, St Joseph's School, Christchurch Adventist School, Hagley Community College, and Marian College, all offering diverse educational options.

Updated on April 11, 2024