15 Tauhou Place, Leeston, Selwyn

Located at 15 Tauhou Place, Leeston, Selwyn, this residential vacant land spans over 1015 square meters, offering a serene and spacious environment for potential development. With its freehold ownership type, the property presents a valuable opportunity for investors or individuals looking to build their dream home. Despite the lack of detailed information on the building's age, roof, and wall construction, the level contour of the land provides a straightforward canvas for various construction possibilities.

The property's capital value as of September 2021 stands at $290,000, reflecting its potential in a growing market. The HouGarden AVM estimates the property's value at $285,000, closely aligning with the government's assessment. The latest sale recorded on July 2, 2021, was at $215,652, indicating a significant increase in value, showcasing the property's capital growth potential in a relatively short period.

Surrounded by reputable schools, the property is zoned for Villa Maria College, Ellesmere College, Leeston School, St Thomas of Canterbury College, Middleton Grange School (Years 11 - 13), Aidanfield Christian School, and Christchurch Adventist School, with decile ratings ranging from 5 to 9. This diverse selection of educational institutions highlights the property's appeal to families prioritizing quality education for their children.