Nestled on a level plot at 91 O'Reilly Road, Lincoln, Selwyn, this residential vacant land boasts a freehold title, offering a serene environment in a quiet cul-de-sac. While the specifics of the wall and roof construction remain unknown, the potential for development is immense with a land area of 620 square meters. The property's capital value as of September 2021 stands at $390,000, signaling a promising investment opportunity.
History shows a consistent growth trend, with the HouGarden AVM estimating the property's value at $382,500. The latest sale on June 11, 2024, was concluded at $400,000, indicating a healthy capital value increase. This is a testament to the area's desirability and potential for further appreciation.
For families with educational considerations, this property falls within the zones of highly esteemed institutions. The nearby Villa Maria College, Lincoln Primary School, Lincoln High School, St Thomas of Canterbury College, Middleton Grange School, Aidanfield Christian School, and Christchurch Adventist School all contribute to a high-quality educational network. With schools boasting decile ratings as high as 10, this is an ideal location for those seeking the best for their children's education.
Updated on August 01, 2024