Nestled in the serene Lincoln, Selwyn, at 61 Fairmaid Street, this vacant residential plot on freehold land offers a promising opportunity. With a level contour and an area of 513 square meters, it's a blank canvas for your first home, investment, or speculative build. The property boasts an unknown roof and wall construction, hinting at a unique potential waiting to be realized. Close to amenities, parks, and with Christchurch just a 20-minute drive away, it combines the allure of a rural lifestyle with urban convenience.
As per the property's valuation, the capital value as of September 2021 stands at $400,000. The HouGarden AVM estimates it at $382,500, while the latest sale history shows transactions at $370,000 in February 2024 and $446,000 in October 2021. The capital value has seen a significant increase, reflecting a promising investment prospect.
For families with children, the property falls within the zone of several high-performing schools. These include Villa Maria College (Decile 9), Lincoln High School (Decile 10), Ararira Springs School (Decile 10), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), Aidanfield Christian School (Decile 8), and Christchurch Adventist School (Decile 5), ensuring access to quality education.
Updated on April 10, 2024
