61 Redbrook Road, Casebrook, Christchurch

Nestled on a serene 436m2 section at 61 Redbrook Road, Casebrook, Christchurch, this freehold property presents a golden opportunity for buyers seeking a tranquil lifestyle just minutes away from urban conveniences. The vacant residential lot, with an unknown roof and wall construction, is ready for visionary homeowners to build their dream home. The property, valued at $430,000 according to the latest government valuation, has seen a notable increase in value. The site is equipped with fibre and power, and a Geotech report is available for the serious buyer. Millstead Oaks is not only conveniently located near Northwood Supa Centre and Northlands Mall, but it's also surrounded by conservation reserves, parks, and recreational paths. Not to be overlooked is the property's placement in a highly sought-after school zone, with several high-decile institutions nearby.

History shows a consistent rise in the capital value, with the HouGarden AVM estimating the property at $412,500, and a recent sale in 2021 for $370,000. This trend indicates a promising investment for the future. With titles issued and boundary fencing in place, the section is primed for development, requiring only an E1 tank (not included in the price).

For families with educational considerations, the property falls within the catchment area of esteemed schools such as Cotswold Matahae School, Christ the King School, and Villa Maria College, all boasting high decile ratings. This combination of location, potential for growth, and access to quality education makes this property a stand-out choice for those seeking both lifestyle and investment value.

Updated on October 25, 2024