20 Oakmill Drive, Casebrook, Christchurch

Nestled on a level plot at 20 Oakmill Drive, Casebrook, Christchurch, this residential vacant property boasts a freehold title. With 3 bedrooms and an unknown bathroom configuration, it presents an intriguing opportunity for potential buyers. The property's roof and wall construction are currently unknown, but it sits on a quarter-acre of land, promising both privacy and potential. While the carpark and floor area details are unconfirmed, the property's contour is level, indicating ease of development.

As per the valuation records, the property's capital value has shown a significant increase. As of August 2022, the CV was $390,000, with a HouGarden AVM estimate of $372,500. Notably, the latest sale history includes transactions in February 2024 for $295,000 and October 2021 for $245,217, reflecting a substantial growth percentage. These figures suggest a promising investment in a rapidly appreciating market.

For families with school-aged children, the property falls within a highly sought-after school zone. Christ the King School and Villa Maria College, both with deciles of 8 and 9 respectively, are among the top-rated institutions in the area. Other notable schools include Middleton Grange, Emmanuel Christian, and St Joseph's, each offering a high-quality education. The variety of school options ensures that this property is not only a wise investment but also a perfect choice for a family-oriented lifestyle.

Updated on April 18, 2024