Welcome to a promising property gem in the esteemed Prestons Park subdivision. This 601sqm freehold section at 18 Timara Crescent, Marshland, Christchurch, is a blank canvas for your dream dwelling. With a capital value of $460,000 as of August 2022, it offers a stable investment with potential for growth. The site boasts an unknown roof and wall construction, ready for your architectural vision. The latest sale in June 2024 was at $454,348, indicating a stable market. This serene cul-de-sac is a perfect blend of community living and privacy, with fully consented plans for a 260m2 single-story home included.
Notably, the property values have shown a consistent rise, with the HouGarden AVM estimating the worth at $450,000. This vacant residential plot is a golden opportunity to design a home that suits your lifestyle, whether for a growing family or a tranquil retirement. The flat contour of the land allows for versatile outdoor spaces, while the surrounding amenities, including schools, shops, transport, beaches, and forests, are conveniently close.
For families with children, the school network is a significant advantage. The nearby Middleton Grange School (Years 11-13) and Emmanuel Christian School are both high-decile institutions, rated 9 and 8 respectively. Marshland School, Christchurch Adventist School, Mairehau High School, Hagley Community College, and Marian College are also part of the esteemed educational radius. Secure your future in Marshland, where community and opportunity flourish.
Updated on August 14, 2024