Nestled in the serene Woodend, 8b Main North Road presents a rare freehold opportunity on a levelled land of 477 square meters. This vacant residential plot, shrouded in potential, is just a short stroll from local amenities and a 25-minute drive to Christchurch's bustling CBD. With unknown wall and roof construction, it's a blank canvas waiting for your architectural touch. The property's capital value as of July 2022 stands at $330,000, while the HouGarden AVM estimates it at $320,000, hinting at a promising investment.
History shows a consistent rise in the capital value, reflecting a growth percentage that's sure to catch the eye of investors. The recent sale history and the AVM further validate the land's worth. Here is an opportunity that's 'dirt cheap' in the most literal sense, with the added advantage of consented plans from Archo Architectural Design, enabling you to embark on your building journey with ease.
For families with children, the property falls within the catchment area of esteemed schools. Rangiora New Life School, a composite institution with a decile rating of 9, Woodend School, a full primary with a decile of 8, and Kaiapoi High School, a secondary school with a decile 7 rating, are among the educational options. This is not just a plot of land; it's the foundation of a lifestyle that values education, convenience, and potential.
Updated on October 16, 2024