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357 Tramway Road, Leeston, Selwyn, 4 Bedrooms, 0 Bathrooms, Lifestyle Property

Sold: $873,000

Sold on 2023 Year 2023 Month 12 Day 06

357 Tramway Road, Leeston, Selwyn

4
170m2
48992m2

Located at 357 Tramway Road, Leeston, Selwyn, this lifestyle-improved property is a testament to rural living at its finest. The 4.89-hectare estate features a repainted 1930s double-level bungalow with wood walls and an iron roof, both in good condition. It offers a floor area of 170m² on a substantial land area of 48,992m². Ownership is freehold, ensuring complete control over this idyllic setting. The property includes four bedrooms, a modernised kitchen, a living/dining area, a large covered patio, a second indoor living space, a fully equipped bathroom, and a dedicated laundry room. It is equipped with four heat pumps, a log burner, HRV heat transfer, partial double glazing, and excellent insulation, plus a reverse osmosis water filter system. Outdoors, there's a vast array of shedding, refenced paddocks with hedging, a horse laneway, an orchard, a chook house, and a raised vegetable garden.

The property's capital value remained steady at $750,000 from July to September 2021, with a HouGarden AVM of $730,000. However, its market appeal is undeniable, with a significant sale recorded on December 6, 2023, for $873,000, marking a substantial increase from its $390,000 sale on May 6, 2010. This growth underscores the property's increasing value and appeal in the market.

Education is well catered for, with zoning for Southbridge Primary, Leeston Primary, and Ellesmere College, all highly regarded institutions. The property is within reach of several schools, including Villa Maria College, Southbridge School, Ellesmere College, Leeston School, St Thomas of Canterbury College, Middleton Grange School (Years 11 - 13), Aidanfield Christian School, and Christchurch Adventist School, offering a range of educational options for families. This home is not just a residence but a lifestyle choice, ideally located just ten minutes from Leeston and a 40-minute drive to the Christchurch CBD.

Council Data

Last update : 2024 07 03
Improvement value$280,000Reduced by 0% from year 2021
Land value$470,000Reduced by 0% from year 2021
CV(Year 2021 Month 09)$750,000Reduced by 0% from year 2021
View typeNo appreciable view
ContourLevel
Land area48992m²
Floor area170m²
Decade of construction1930
TitleCB5B/555
Type of titleFreehold
Legal descriptionLOT 6 DP 7964 BLK XVI SELWYN SD BLK XIII LEESTON SD
CouncilSelwyn
Estate descriptionFSIM,1/1,LOT 6 DEPOSITED PLAN 7964
ConstructionExternal Walls: Wood Roof: Iron
ConditionExternal Walls: Good Roof: Good
ZoningOuter Plains

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ellesmere College
5.55 km
Secondary
7-15
Government
Co-Educational
EQI: 455
8
Leeston School
6.01 km
Primary
1-6
Government
Co-Educational
EQI: 443
8
Southbridge School
6.87 km
Primary
1-6
Government
Co-Educational
EQI: 448
8
Aidanfield Christian School
34.78 km
Combined
1-13
Government
Co-Educational
EQI: 377
8
St Thomas of Canterbury College
36.00 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Middleton Grange School
37.04 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Villa Maria College
37.07 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Christchurch Adventist School
41.88 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Outer Plains
Land:48992m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
42 Clausen Avenue
3.88 km
4
173m2
Year 2024 Month 05 Day 15
$680,000
Council approved
16 Lambie Street
5.53 km
3
219m2
Year 2024 Month 04 Day 28
$720,000
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1.56 km
3
150m2
Year 2024 Month 03 Day 13
$875,000
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31 Clausen Avenue
5.43 km
3
119m2
Year 2024 Month 03 Day 06
$575,000
Council approved
3.82 km
3
1
160m2
Year 2024 Month 02 Day 14
$658,500
Council approved

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