113 Edward Street, Lincoln, Selwyn

Nestled on a level 621m2 freehold section at 113 Edward Street, Lincoln, Selwyn, this vacant residential property presents a golden opportunity for families, first-home buyers, and investors. With the convenience of local amenities and the proximity to Christchurch City, just a 20-minute drive away, it's a perfect blend of community living and city convenience. The property boasts an unknown roof and wall construction, hinting at a blank canvas waiting to be transformed. The section is zoned for Lincoln Primary and Lincoln High School, both decile 10, ensuring top-notch education for the family. The capital value as of September 1, 2021, stands at $400,000, while the HouGarden AVM estimates it at $372,500, indicating a potential growth opportunity. Historically, the property has seen a steady increase in CV, making it a sound investment.

Government valuations and recent sale history showcase a promising trend, with the capital value increasing at a notable percentage. This, coupled with the AVM from HouGarden, presents a strong case for the property's investment potential. The site is ready for you to explore and bring your building dreams to life.

For those with children, the school network is a highlight. The property falls within the catchment area of highly-rated schools such as Villa Maria College (decile 9), Lincoln Primary School (decile 10), Lincoln High School (decile 10), St Thomas of Canterbury College (decile 8), Middleton Grange School (decile 9), Aidanfield Christian School (decile 8), and Christchurch Adventist School (decile 5), ensuring a diverse range of educational options.

Updated on May 10, 2024