24 Portchester Street, Aranui, Christchurch

Nestled in the tranquility of a quiet cul-de-sac at 24 Portchester Street, Aranui, Christchurch, this residential vacant land boasts a level contour and unknown wall and roof construction. With a generous land area of 622m2, it comes with the security of freehold ownership. The property's potential is further enhanced by its proximity to a range of schools and a promising capital value growth history.

As per the government's valuation, the capital value has seen a remarkable increase from $70,000 in 2019 to $140,000 in 2022, indicating a 100% growth. The HouGarden AVM estimates the property's worth at $142,500, making it an attractive investment opportunity. The recent tender consideration above $60,000 adds to the property's allure, with tenders closing on 28th August 2024.

For families with children, the property falls within the catchment area of several esteemed schools. Middleton Grange School, a composite school with a decile rating of 9, is one of the highlights. Other schools in the zone include 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), catering to various educational needs and preferences.

Updated on September 04, 2024