Nestled at 19 Saxon Street in the serene Phillipstown, Christchurch, this Freehold property boasts a 220sqm floor area and is spread across a generous 304sqm land. Built in 1970 with robust Concrete walls and Iron roofing, both in good condition, this industrial warehousing facility includes four carparks and three heat pumps. The site offers versatility, with potential for various uses, whether as an investment or for owner-occupiers. The Capital Value has seen a significant increase of 25.64% from $390,000 in 2019 to $490,000 as of 2022. The HouGarden AVM estimates it at $455,000, while the latest sale history records $405,000 in 2024 and $285,000 in 2012.
For families, the property falls within a desirable school zone, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and others, offering a range of educational options for all ages.
With such a promising CV growth and a prime location, 19 Saxon Street presents a golden opportunity to add value and customize to your needs in a low NBS building.
Updated on May 22, 2024