Nestled at 74 Trelissick Loop, Castle Hill, Selwyn, this residential vacant land boasts a prime freehold opportunity. With a level contour and unobstructed views of the Torlesse and Craigieburn ranges, it's a gem in the village. The property's capital value has maintained a stable growth, currently valued at $370,000 since September 2021, with a HouGarden AVM estimate of $367,500. The site's potential is further highlighted by its history, with the last sale recorded at $130,000 in 2014. The property's appeal is not just in its location; it's the promise of a year-round playground with activities like mountain biking, skiing, and water sports, all within an hour's drive from Christchurch.
When it comes to the government's valuation, there has been no significant increase in the capital value, indicating a steady market. The latest sale history and AVM estimates suggest a promising investment opportunity. This consistency is a testament to the area's rapidly appreciating value and popularity.
For families, the school network is a significant draw. Within reach are high-performing institutions like Villa Maria College and Darfield High School, both with a decile rating of 9. Other schools include Springfield School, St Thomas of Canterbury College, Middleton Grange School, and the Christchurch Adventist School, catering to various educational needs and levels.
Updated on November 29, 2024