Nestled at 9 Fairmaid Street, Lincoln, Selwyn, this residential vacant land boasts a freehold title on a level plot of 600 sqm. The property is strategically located in a quiet cul-de-sac, offering a perfect blend of city convenience and rural tranquility. With the potential for development, this prime piece of real estate is a gem for investors and land bankers alike. The site is complemented by a desirable array of local schools, including Villa Maria College and Lincoln High School, both with high decile ratings.
As of September 2021, the capital value stands at $430,000, showcasing a significant increase from the latest sale price of $439,000 in September 2021 and a HouGarden AVM of $392,500. The property has seen a substantial capital value growth percentage, making it an attractive prospect for potential buyers. The history of the property includes a sale in March 2021 for $269,000, highlighting the rapid appreciation of the capital value.
Educationally, the property falls within the catchment area of several high-performing schools, such as Lincoln High School with a decile rating of 10, and Ararira Springs School, also with a decile rating of 10. This makes it an ideal choice for families with school-aged children.
Updated on December 06, 2024