Nestled on a spacious 4,047 sqm section at 1425 Shands Road, Lincoln, Selwyn, this freehold property boasts a solid concrete exterior and a well-maintained tile roof. Constructed in 1970, the residence features 4 double bedrooms, 3 car parks, and a generous floor area of 220 sqm. The property has experienced no change in its Capital Value (CV) since July 2021, remaining at $760,000. The latest sale records from July 8, 2024, indicate a transaction of $865,000, showcasing a significant increase in value. HouGarden AVM estimates the property's worth at $765,000, making it an attractive investment opportunity.
With a CV increase percentage of 0.0, this property's value has been consistent, reflecting its enduring appeal. The quiet and level contour of the land adds to the tranquility of the property, which is further enhanced by its proximity to top-rated educational institutions. The local school network includes Villa Maria College (Decile 9), Springston School (Decile 10), Lincoln High School (Decile 10), and more, ensuring access to quality education for all ages.
For families and entertainers alike, this property presents a golden opportunity. It's not just a home but a canvas waiting to be transformed into a dream project. Approximately a 5-minute drive to Lincoln University and Lincoln Village, the location couldn't be more convenient. Embrace the chance to own a slice of paradise in this serene cul-de-sac, where every detail has been carefully considered for comfort and luxury.
Updated on September 04, 2024