228 Perymans Road, Lincoln, Selwyn

Nestled on a spacious 4.02 hectare lot at 228 Perymans Road, Lincoln, Selwyn, this lifestyle property boasts a freehold title, offering a serene and private escape. While the specifics of the wall and roof construction remain unknown, the level contour of the land hints at a promising development opportunity. The property's capital value has remained stable, with a CV of $780,000 as of the latest assessment, showing no increase from the previous evaluation.

With a HouGarden AVM of $785,000, the property's market worth is further validated by the latest sale history, which saw a significant jump from $575,000 in 2021 to $950,000 in the recent transaction. This reflects a notable capital gain percentage, making it an attractive investment.

For families with school-aged children, the property falls within a highly sought-after school zone. It is in close proximity to Villa Maria College, a secondary school with a decile rating of 9, and Lincoln High School, which scores a perfect 10 in the decile rating system. Other esteemed educational institutions in the area include Tai Tapu School, St Thomas of Canterbury College, Middleton Grange School, Aidanfield Christian School, and Christchurch Adventist School, catering to a range of educational needs and preferences.

Updated on September 25, 2024