4a Edward Street, Lincoln, Selwyn

Nestled in a serene environment, just a stone's throw from the Liffey and local amenities, this 2-bedroom, 1-bathroom unit with a single carpark is a perfect choice for those seeking a comfortable lifestyle. Constructed in 1992 with durable brick walls and an iron roof, this cross-lease property sits on a level contour with a well-maintained exterior. The 130sqm floor area is complemented by a heat pump and DVS system for climate control. Currently valued at $465,000 with no change since July 2021, the property presents a stable investment opportunity. The latest sale history shows a significant increase from $160,000 in 2002 to $372,000 in 2018, indicating a promising growth trend. HouGarden AVM estimates the property's worth at $445,000, making it an attractive prospect for potential buyers.

From a valuation perspective, the property has seen a consistent capital value growth. The government's valuation in September 2021 remains unchanged at $465,000, reflecting a 0.0% increase since the previous assessment. This stability is a testament to the property's enduring appeal and potential for future appreciation.

For families with children, the property falls within a highly sought-after school zone. The nearby Villa Maria College, Lincoln Primary School, Lincoln High School, Ararira Springs School, and others are all highly rated, with deciles ranging from 8 to 10. This ensures access to quality education for children of all ages.

Updated on October 16, 2024