Nestled in the serene locale of 36 Santa Maria Avenue, Mount Pleasant, Christchurch, this vacant residential plot on offer is a freehold gem. With an easy-to-moderate fall contour, the 635sqm land is primed for building your future home. The site boasts drive-on access, eliminating the common challenges of hill-section building, and offers a gentle slope that promises stability and magnificent views of Pegasus Bay and the Kaikoura ranges. The property's unknown roof and wall construction adds a layer of intrigue, while the CV has seen a remarkable 100% increase from $255,000 in 2019 to the current $510,000. The HouGarden AVM estimates the value at $505,000, with the latest sale recorded in 2013 at $220,000. This property is not just land; it's a promise of a serene lifestyle in an established street with little traffic.
Government valuations reflect a rapid capital value growth, making this an attractive investment. The property's potential is further enhanced by its proximity to top-rated schools. The Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Mt Pleasant School (Decile 10), Te Raekura Redcliffs School (Decile 10), and others provide an excellent educational catchment area for families.
With the sea in sight and a quiet cul-de-sac address, this property is not just a piece of land but a canvas for your dream home, ready to be transformed into a sanctuary with impressive outdoor living spaces. Don't miss this opportunity to secure a slice of paradise in a sought-after location.
Updated on November 15, 2024