Nestled in the core of Lincoln, 30 James Street presents a rare opportunity on a 4256sqm freehold section – one of the last larger blocks in the town center. This property, with an unchanged capital value of $940,000 since September 2021, invites potential buyers to explore various avenues: from constructing their dream home to subdividing for multiple family dwellings or even developing into multi-units. The property boasts an unknown roof and wall construction, hinting at a blank canvas for creativity. The CV growth percentage stands at 0.0, with the HouGarden AVM estimating the value at $917,500. The latest sale history shows a significant leap from $260,000 in 2008 to $850,000 in 2024, indicating a promising investment prospect.
For families with school-aged children, the property falls within a highly rated school zone. The nearby Villa Maria College, Lincoln Primary School, and Lincoln High School all have a decile rating of 9 or 10, ensuring top-notch education. Other educational institutions in the vicinity include St Thomas of Canterbury College, Middleton Grange School, Aidanfield Christian School, and Christchurch Adventist School, catering to diverse educational needs.
This prime piece of real estate in a quiet cul-de-sac offers a world of possibilities and is a sound investment for the discerning buyer.
Updated on August 28, 2024