Nestled on a level plot at 122 Faulks Drive, Lincoln, Selwyn, this residential vacant land boasts a freehold title, offering a serene environment in a quiet cul-de-sac. While the specifics of the wall and roof construction remain unknown, the potential for development is immense with a land area of 634 square meters. The property's capital value as of September 2021 stands at $460,000, setting a solid foundation for future growth.
History shows a promising trend with the latest sale recorded on October 24, 2024, at $979,000. The HouGarden AVM estimates the property's value at $422,500, indicating a significant capital value increase percentage that's sure to catch the eye of investors.
For families with educational concerns, this property falls within the zones of highly regarded schools. Villa Maria College, a secondary school with a decile rating of 9, Lincoln Primary School, a full primary with a decile 10 rating, and Lincoln High School, another secondary school with a perfect decile score of 10, are among the prestigious institutions in the area.
Updated on December 11, 2024