Nestled on a serene 4047m2 section at 181 Selwyn Lake Road, Leeston, Selwyn, this Freehold property boasts a charming blend of rural tranquility and Art Deco elegance. Constructed in 1940 with roughcast walls and a fibrous cement roof, the dwelling offers 3 bedrooms, 1 bathroom, and a single carpark, spread across a comfortable floor area of 110sqm. The property's Capital Value (CV) has remained stable at $540,000 since July 2021, with no increase observed. HouGarden's AVM estimates the property's value at $535,000, while the latest sale history shows a significant jump from $81,500 in 1990 to $428,000 in 2013.
With a CV increase percentage of 0.0, this property presents a solid investment opportunity. The building's average condition, both in walls and roof, coupled with its level contour, provides a perfect canvas for potential development. The spacious section allows for further enhancements, such as a barn or additional sheds, and the existing variety of fruit trees and a chicken run offer a taste of country living.
Educationally, the property falls within a highly regarded school zone. The nearby Villa Maria College boasts a decile rating of 9, while Ellesmere College, Leeston School, St Thomas of Canterbury College, Middleton Grange School, Aidanfield Christian School, and Christchurch Adventist School all offer quality education with varying decile ratings. This combination of a peaceful rural setting and educational excellence makes this property an ideal choice for families.
Updated on November 18, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 4.27 km | 3 | 1 | -m2 | 2024 10 30 | - | Council approved | |
 | 4.06 km | 4 | 3 | -m2 | 2024 10 15 | - | Council approved | |
 | 6.75 km | 4 | 2 | -m2 | 2024 08 08 | - | Council approved | |
 | 0.58 km | 0m2 | 2024 08 02 | $740,000 | Council approved | |||
4.37 km | 4 | 180m2 | 2024 06 25 | $1,179,000 | Council approved |