Nestled on a level contour at 14 Akau Place, Bromley, Christchurch, this residential property boasts a freehold title, offering a serene environment in a quiet cul-de-sac. The 450 square meter land area is primed for development with a current government valuation of $325,000 as of August 2022. The property, categorized as residential-vacant, features 2 bedrooms and is without specified bathroom, carpark, or floor area details. Both the wall and roof construction are yet to be determined, but the property's potential is evident with a latest sale price of $720,500 on September 23, 2024, indicating a significant capital value increase.
Reflecting a promising investment, the property's HouGarden AVM mirrors the government valuation at $325,000, showcasing a consistent market worth. The capital value growth percentage is a testament to the area's desirability and potential for future appreciation.
For families with educational considerations, the property falls within a school zone with favorable decile ratings and quality schools, ensuring a sound investment in both property and education.
Updated on November 06, 2024