Nestled on a level plot at 16 Ridgeland Way, within the serene West Melton, Selwyn, this residential vacant land boasts a freehold title, offering boundless potential for your dream home. While the specifics of the wall and roof construction remain unknown, the absence of existing structures allows for a blank canvas to create a personalized living space. With no indication of the number of bedrooms, bathrooms, or carparks, the 1160 square meters of land provides ample space for a variety of design configurations.
As of September 2021, the government has valued this property at $450,000. The latest sale record, from August 5, 2024, shows a transaction price of $390,000, indicating a potential for growth in capital value. The property's HouGarden AVM reflects a similar sentiment, suggesting a promising investment opportunity in this quiet cul-de-sac.
For families with children, the school zone is a significant highlight. With a decile rating that reflects a high standard of education, the nearby schools are well-regarded, making this an ideal location for those seeking a quality education for their children.
Updated on September 25, 2024