Nestled on a spacious land of 202,570 square meters, this forestry property at Main Rakaia Road, Southbridge, Selwyn, boasts an ownership type of Freehold. While the specifics of the building such as the number of bedrooms, floor area, and wall and roof conditions remain unknown, the property includes one bathroom and lacks designated carparks. The roof and wall construction types are yet to be determined, adding a layer of mystery to this exotic forestry estate.
As per the valuation records, the Capital Value (CV) has remained stable at $335,000 since September 2021, showing no increase over a two-month period. However, the HouGarden AVM estimates the property's worth at $315,000. Notably, the latest sale history is quite impressive, with a significant jump from $70,000 in 1994 to $635,000 in June 2024.
When it comes to the school zone, this property is served by a range of high-performing institutions. These include Villa Maria College (Decile 9), Southbridge School (Decile 8), Ellesmere College (Decile 8), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Years 11-13, Decile 9), Aidanfield Christian School (Decile 8), and Christchurch Adventist School (Decile 5), catering to various educational needs and levels.
Updated on August 14, 2024