Nestled in the serene Leeston, Selwyn, this 5Ha+ freehold property at 60 Leeston Dunsandel Road offers a lifestyle opportunity like no other. Constructed with unknown walls and roofing, it includes a single bathroom and is devoid of parking facilities. The property, with a level contour, presents a blank canvas for development. As of September 2021, the Capital Value (CV) has seen a remarkable increase to $1,420,000 from $1,050,000 in July, indicating a growth of 35.24%. The HouGarden AVM estimates the property at $1,382,500, while the latest sale was recorded in 2008 at $455,000.
With a prime location, the property falls within the catchment of esteemed educational institutions. It is served by Villa Maria College (Decile 9), Ellesmere College (Decile 8), Leeston School (Decile 8), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), Aidanfield Christian School (Decile 8), and Christchurch Adventist School (Decile 5), making it an ideal choice for families.
Leeston's rapid growth in the past 12-18 months has made it a sought-after destination for those pursuing the Kiwi dream without compromise. This property, adjacent to the new Karumata Oaks subdivision and opposite Ellesmere College, is a golden opportunity for those seeking affordable development on a comfortable scale. The town's amenities are on the rise, and it's a short commute to Rolleston, Lincoln, and Christchurch City.
Updated on July 23, 2024