Nestled on a level plot at 31 Mccaw Road, Lincoln, Selwyn, this residential vacant land boasts a freehold title, offering a serene environment in a quiet cul-de-sac. While the specifics of the wall and roof construction remain unknown, the potential for development is immense with a land area of 476 square meters. The property's capital value as of September 2021 stands at $400,000, indicating a promising investment opportunity.
History shows a consistent growth trajectory with the latest sale recorded on October 22, 2024, at $355,000. HouGarden's AVM estimates the property's value at $367,500, reflecting a healthy appreciation in the capital value. This vacant lot is a gem waiting to be polished in a rapidly appreciating market.
For families with educational considerations, this property falls within the zones of several high-performing schools. Villa Maria College, a secondary school with a decile rating of 9, Lincoln High School, a top-rated secondary school with a decile of 10, and Ararira Springs School, a full primary school also with a decile of 10, are among the esteemed institutions in the area. Other schools include St Thomas of Canterbury College, Middleton Grange School, Aidanfield Christian School, and Christchurch Adventist School, catering to diverse educational needs and preferences.
Updated on December 18, 2024