26 Southampton Street, Sydenham, Christchurch

Nestled in the serene cul-de-sac of Southampton Street, Sydenham, Christchurch, this residential vacant land is perfect for multiple housing. The freehold property, built in 1950, boasts an average condition brick exterior and tiled roof. It spans across 1060 square meters with a floor area of 185 square meters, and includes 5 bedrooms with a carpark. The capital value has seen a significant increase of 72% from $495,000 in 2019 to $850,000 in 2022. The latest sale was recorded at $729,000 in 2024, while the HouGarden AVM estimates it at $852,500.

Government valuations reflect a promising investment, with the property's CV rising at a rapid pace. The recent sale history and AVM further validate the land's appreciation potential. This is a prime opportunity for developers or investors looking to capitalize on a property with substantial growth prospects.

For families with school-aged children, the property falls within the catchment area of several high-performing schools. These include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Middleton Grange School (decile 9), Cashmere High School (decile 9), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Waltham School (decile 3), and Beckenham Te Kura o Puroto (decile 8), ensuring access to quality education.

Updated on September 18, 2024