5 Chelsea Lane, Rolleston, Selwyn

Nestled on a level plot at 5 Chelsea Lane, Rolleston, Selwyn, this residential vacant land boasts a freehold title, promising endless possibilities for your dream home. While the specifics of the wall and roof construction remain unknown, the property's potential is undeniable, sitting pretty in a quiet cul-de-sac. With no existing structures, the land area of 833 square meters presents a blank canvas for your architectural vision.

As per the latest valuations, the property's capital value as of September 2021 stands at $425,000, with the HouGarden AVM estimating a slightly lower value. However, the recent sale history tells a tale of growth, with a transaction in March 2024 fetching $879,500. This reflects a significant increase in the property's worth, indicating a promising investment with substantial capital value growth.

For families with educational considerations, this property falls within a highly sought-after school zone. The nearby institutions, such as Villa Maria College and Rolleston Christian School, both boasting a decile rating of 9, offer quality education. Additionally, Rolleston College with a perfect decile score of 10, St Thomas of Canterbury College with an 8, Middleton Grange School for higher years with a 9, and the Christchurch Adventist School with a 5, provide a range of educational options for all ages.

Updated on April 17, 2024