125 Silver Peaks Drive, West Melton, Selwyn

Located at 125 Silver Peaks Drive, West Melton, Selwyn, this residential vacant land spans over 2115 square meters, offering a serene and spacious environment for potential development. The property holds a Freehold ownership type, with both the roof and wall constructions marked as unknown, indicating a blank canvas for new owners. The land is level, making it an ideal site for construction without the need for extensive land contouring.

The capital value of the property as of September 2021 was $500,000. However, the HouGarden AVM estimates its value at $490,000, slightly below the official capital value. The property has seen significant growth, with the latest sale on February 3, 2024, reaching $430,000, up from $280,000 on June 16, 2021. This indicates a robust increase in value, reflecting the area's growing appeal and investment potential.

The property is zoned within excellent school districts, including West Melton School with a decile rating of 10, Rolleston College also at decile 10, and Villa Maria College at decile 9, among others. These high decile ratings signify the quality of education available in the area, making it an attractive option for families looking to provide their children with top-tier schooling opportunities.