35b Gerald Street, Lincoln, Selwyn

Nestled at 35b Gerald Street, Lincoln, Selwyn, this 210sqm residential dwelling on a 666sqm freehold section boasts 4 bedrooms and a carpark. Constructed in 2003 with fibrous cement walls and an iron roof in good condition, the property is situated on level contour. The government's capital value assessment has remained stable at $750,000 since July 2021, while the HouGarden AVM estimates it at $720,000. Notably, the latest sale history shows an increase with a transaction of $820,000 in August 2024, following $790,000 in September 2023. This home is part of the Lincoln Town Centre Plan's Transitional Living Precinct, making it an attractive opportunity for both family living and potential business ventures.

With a CV increase of 0.0% and a prime location between two shopping precincts, the property offers potential for future development. It features LED lighting, tiled bathrooms, a new gas cooktop, and a digital keypad entry. The open plan kitchen/dining/living area with access to the deck is complemented by a gas stovetop and electric wall oven. The master bedroom includes an ensuite and walk-in robe, while the other three double bedrooms have double robes. There's a family bathroom, separate toilet, and a heat pump for warmth. The oversized double garage houses the laundry and the outside area is landscaped with raised planters and mature trees.

For families with children, the property falls within the catchment area of highly-rated schools such as Villa Maria College (Decile 9), Lincoln Primary School (Decile 10), Lincoln High School (Decile 10), and more. This central home or business opportunity is a gem waiting to be discovered.

Updated on October 09, 2024