Nestled on a level plot of 4 hectares in the serene outskirts of Rolleston, this freehold property, built in 2006, boasts a sturdy iron roof and attractive stone walls. The 270 square meter home, with 4 bedrooms and a carpark, is a timeless masterpiece designed for multi-generational living. The property, valued at $1,685,000 according to the latest government valuation, has seen no change in its capital value, yet the HouGarden AVM estimates it at $1,635,000. Historically, it sold for $725,000 in 2006 and $1,135,000 in 2002, showcasing a significant increase. Currently, it benefits from a commercial lease to a reputable early child care business, making it a rare investment opportunity.
With a zero increase in capital value, this property offers stability, further enhanced by its excellent condition both in walls and roof. The latest sale history and the HouGarden AVM reflect a consistent growth trend. This is a property that promises not just a lifestyle but also a sound investment.
For families with school-aged children, this property falls within the zones of several high-performing schools. Villa Maria College, Rolleston College, St Thomas of Canterbury College, Middleton Grange School, Aidanfield Christian School, and Christchurch Adventist School are all within reach, with Rolleston College and Middleton Grange School boasting the highest decile ratings of 10 and 9 respectively.
Updated on July 22, 2024