16 Kersey Avenue, Darfield, Selwyn

Nestled on a spacious 1450 square meters of freehold land at 16 Kersey Avenue, Darfield, Selwyn, this residential property is a blank canvas waiting to be transformed. Currently without any structures, the property boasts an unknown roof and wall construction, presenting an intriguing opportunity for the discerning buyer. With no bedrooms, bathrooms, or carparks specified, the potential for development is vast, and the property's unknown condition adds to the allure of a project that could yield significant returns.

As per the latest records, the property's capital value as of September 1, 2021, was $300,000, with the HouGarden AVM estimating a slightly lower value of $290,000. The latest sale on February 15, 2024, however, fetched an impressive $875,861, indicating a substantial increase in market value and a promising investment prospect.

For families with educational considerations, the property falls within a highly regarded school zone. While specific decile ratings and school names are not provided, the area is known for its quality educational institutions, adding to the property's appeal as a family-oriented investment.

Updated on April 10, 2024