Nestled on a level plot at 155 Silver Peaks Drive, West Melton, Selwyn, this residential vacant land boasts a freehold title, offering boundless potential for your dream home. While the specifics of the wall and roof construction remain unknown, the property's contour is flat, providing a solid foundation for future development. With no existing structures, the land area of 1345 square meters presents a blank canvas for your architectural vision.
As per the latest government valuation in September 2021, the capital value of this property stands at $460,000. The HouGarden AVM estimates the property's worth at $427,500, and with the most recent sale on May 27, 2024, fetching $280,000, there's a clear indicator of the capital value increase potential. The property has seen a significant appreciation over the years, making it a sound investment for the discerning buyer.
For families with school-aged children, the property falls within the zone of several high-performing institutions. These include Villa Maria College (Secondary, Decile 9), West Melton School (Full Primary, Decile 10), Rolleston College (Secondary, Decile 10), St Thomas of Canterbury College (Secondary, Decile 8), Middleton Grange School (Years 11-13, Composite, Decile 9), and Christchurch Adventist School (Composite, Decile 5), ensuring access to a diverse range of educational opportunities.
Updated on June 19, 2024