950 Shands Road, Prebbleton, Selwyn

Nestled on a 1.5-hectare plot at 950 Shands Road, Prebbleton, Selwyn, this Freehold property boasts a ranch-style 4-bedroom, 2-bathroom home with a floor area of 200 square meters and a land area of 15,000 square meters. Constructed in 1980 with wood walls and an iron roof, both in good condition, the property features an auto shop and separate office space, perfect for those seeking a blend of home and business life. The property's Capital Value (CV) as of September 2021 stands at $950,000, while the HouGarden AVM estimates it at $912,500. Notably, the property sold for $1,230,000 on February 15, 2024, indicating a significant increase in value. The property's contour is level, and it is situated in a quiet cul-de-sac, enhancing its appeal.

With a history of steady capital value growth, this property offers a sound investment. The latest sale price reflects a substantial increase over the CV, suggesting a growth rate that is sure to catch the eye of investors. The HouGarden AVM provides further confidence in the property's worth.

For families with children, the property falls within the zone for several high-performing schools, including Villa Maria College (Decile 9), Broadfield School (Decile 9), Lincoln High School (Decile 10), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), Aidanfield Christian School (Decile 8), and Christchurch Adventist School (Decile 5). This ensures access to quality education for all ages.

Updated on April 10, 2024