Nestled on a level plot at 10 Dalwood Drive, Wigram, Christchurch, this residential vacant land boasts a freehold title, offering potential buyers the opportunity for development. While the specifics of the wall and roof construction remain unknown, the property's contour is level, potentially simplifying construction endeavors. With no existing structures, the site currently lacks bedrooms, bathrooms, and carparks, but presents a clean slate for the imaginative builder.
As per the property's financials, the capital value has seen a remarkable increase from $280,000 in August 2019 to $530,000 in August 2022, reflecting a growth rate of 89.29%. The HouGarden AVM estimates the property's worth at $520,000, while the latest sales records from July 2024 and May 2023 indicate transactions at $590,000 and $530,000 respectively, hinting at a consistently appreciating market value.
For families with educational considerations, the property falls within the catchment area of several esteemed schools. These include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Middleton Grange School (Years 11-13, decile 9), and more. The variety of educational institutions ensures a range of options for students of different ages and academic needs.
Updated on August 28, 2024