524 Springs Road, Prebbleton, Selwyn

Nestled in the esteemed Prebbleton, this charming 3-bedroom, 1-carpark residence on 1004m2 of freehold land is a gem for both families and developers. Constructed in 1950 with wood walls and iron roof, it boasts an average condition and level contour, offering a cozy lifestyle with a recently remodeled kitchen, gas cooktop, and renovated bathroom. The property's Capital Value has remained stable at $680,000 since September 2021, while the HouGarden AVM estimates it at $660,000. Notably, the CV has seen a 0.0% increase, yet the latest sale history shows a significant jump from $325,000 in 2008 to $540,000 in 2016. This home is in a prime school zone, with the highly-rated Prebbleton School just a stone's throw away, and other reputable institutions such as Villa Maria College and Lincoln High School in close proximity, all adding to the property's allure.

For those seeking a tranquil environment, this residence is situated in a quiet cul-de-sac, providing the perfect blend of privacy and convenience. The large, inviting lounge is warmed by a woodburner, creating a cozy atmosphere, while the expansive backyard allows for endless family fun. Developers, on the other hand, will find the property's prime location and size a rare opportunity. With everything from local stores to the CBD within easy reach, this property is a catch that shouldn't be missed.

Part of a highly regarded school network, this property is perfect for families with school-aged children. The nearby Prebbleton School is a decile 10 institution, while Villa Maria College, Lincoln High School, and Middleton Grange School all offer exceptional education with high decile ratings. This combination of quality education and a desirable living environment makes this property a wise investment for both today and the future.

Updated on August 15, 2024