52 Verdeco Boulevard, Lincoln, Selwyn

Located at 52 Verdeco Boulevard, Lincoln, Selwyn, this property stands as a prime example of potential in the heart of a developing area. Classified as 'Residential - Vacant', it spans a generous land area of 5560 square meters. Despite the lack of detailed information on bedrooms, bathrooms, and floor area, and with car parks numbering zero, the property's freehold (Full Ownership) status accentuates its appeal. The construction details of the roof and walls remain unspecified, mirroring the property's readiness for a bespoke development. The level contour of the property further simplifies construction considerations.

The property's financial trajectory is noteworthy, with a consistent capital value (CV) of $700,000 as recorded on both 1st July and 1st September 2021, indicating stability in its valuation. Despite this, the HouGarden AVM suggests a slightly lower estimation at $685,000. The property's sale history reveals a significant appreciation, from $450,000 on 28th August 2018 to $700,000 by 20th February 2024, marking a robust growth in its capital value.

Education is a cornerstone of this property's location, with access to top-tier schools such as Villa Maria College (Secondary, Decile 9), Lincoln High School (Secondary, Decile 10), and Ararira Springs School (Full Primary, Decile 10), among others. This diverse range of educational institutions, including St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), Aidanfield Christian School (Decile 8), and Christchurch Adventist School (Decile 5), ensures a comprehensive educational environment for families, making it an ideal location for those prioritizing academic excellence.