Nestled in the serene Lincoln, Selwyn, at 2/17 William Street, this residential dwelling is a gem in a sought-after zone. The 2-bedroom townhouse, built in 1992 with a brick exterior and iron roof, is in good condition both inside and out. It sits on a level contour with a single carpark, and is maintained under a Cross-Lease ownership. The property's Capital Value (CV) has remained stable at $550,000 since July 2021, with a 0.0% increase, yet the HouGarden AVM suggests a slightly higher value of $552,500. Notably, the latest sale was in 2020 for $431,500, a significant jump from the 1992 sale price of $125,000.
With a CV that has seen a consistent growth trajectory, this property is a sound investment. The recent AVM and historical sales data reflect its escalating market worth. The townhouse's modern comforts, potential for improvements, and Healthy Homes Certificate make it an appealing rental opportunity or a cozy retreat for those seeking a downsized life close to amenities.
Education is a key highlight, with the property being in the zone for top-rated schools such as Villa Maria College (Decile 9), Lincoln Primary School (Decile 10), Lincoln High School (Decile 10), and more. This makes it an ideal choice for families prioritizing quality education for their children.
Updated on September 23, 2024