Located at 67 Ridgeland Way, West Melton, Selwyn, this residential vacant land spans across 3100 square meters, offering a serene and spacious environment for potential development. With its freehold ownership type, the property presents a blank canvas for creating a dream home. The land is characterized by a level contour, although details regarding the roof and wall constructions remain unknown.
Historically, the capital value as of September 2021 was $550,000. However, a recent assessment by HouGarden suggests an estimated value of $537,500. The property has seen a sale on August 13, 2021, for $373,913, followed by a more recent transaction on February 17, 2024, for $535,000. This indicates a significant increase in value, reflecting the property's potential and desirability in the market.
The property is advantageously located within the zones of several highly regarded schools, including West Melton School with a decile rating of 10, Rolleston College also rated at decile 10, Villa Maria College at decile 9, St Thomas of Canterbury College at decile 8, Middleton Grange School (Years 11 - 13) at decile 9, and Christchurch Adventist School at decile 5. This wide range of educational options, catering to various levels and preferences, makes the property an ideal choice for families prioritizing quality education.