Nestled amidst the picturesque hills of Lyttelton, 2 Selwyn Lane presents a charming residential opportunity on a freehold land of 1014sqm. This 4-bedroom, 1-carpark home, built in 1950 with mixed materials and a tiled roof, stands in good condition both inside and out. The property, with a floor area of 175sqm, is situated on a steep fall and offers panoramic views of Lyttelton Harbour from almost every room. It has recently undergone extensive improvements, including a new roof, a heat pump, a log burner, and added insulation.
Government valuations have shown a significant increase, with the Capital Value rising from $570,000 in 2019 to $840,000 in 2022, a growth of 47.37%. The HouGarden AVM estimates the property's value at $835,000, while the latest sale history includes transactions at $519,000 in 2024 and $175,000 in 2014. This home is not just a dwelling but a promise of potential, with possibilities for renovation or new construction to match the stunning views.
For families with school-aged children, the property falls within the zones of several well-regarded schools. These include Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Lyttelton Primary School (Decile 9), and others. The location and the schools make this property an attractive investment for those seeking a combination of natural beauty and educational excellence.
Updated on November 13, 2024