41 Shakespeare Road, Waltham, Christchurch

Nestled at 41 Shakespeare Road, Waltham, Christchurch, this industrial warehousing property on a freehold title boasts a concrete exterior and a robust iron roof, both in good condition. Constructed in 1978, the property includes a 320sqm floor area and is spread across a 422sqm land area, with 4 off-street carparks. The capital value has seen a rapid increase of 30.09%, jumping from $485,000 in 2019 to the current $630,000 in 2022. The property's HouGarden AVM stands at $632,500, while the latest sale was recorded in 1999 for $125,000.

From a valuation perspective, the property presents a strong case with its CV growth and a HouGarden AVM that reflects its market potential. The recent sale history and the current CV indicate a promising investment opportunity in the city's fringe area.

For families, the property falls within the decile 9 Middleton Grange School zone, along with several other well-rated institutions such as Hillview Christian School and Marian College. This makes it an attractive option for those considering quality education for their children.

Updated on September 26, 2024