Located at 357 Tramway Road, Leeston, Selwyn, this lifestyle-improved property is a testament to rural living at its finest. The 4.89-hectare estate features a repainted 1930s double-level bungalow with wood walls and an iron roof, both in good condition. It offers a floor area of 170m² on a substantial land area of 48,992m². Ownership is freehold, ensuring complete control over this idyllic setting. The property includes four bedrooms, a modernised kitchen, a living/dining area, a large covered patio, a second indoor living space, a fully equipped bathroom, and a dedicated laundry room. It is equipped with four heat pumps, a log burner, HRV heat transfer, partial double glazing, and excellent insulation, plus a reverse osmosis water filter system. Outdoors, there's a vast array of shedding, refenced paddocks with hedging, a horse laneway, an orchard, a chook house, and a raised vegetable garden.
The property's capital value remained steady at $750,000 from July to September 2021, with a HouGarden AVM of $730,000. However, its market appeal is undeniable, with a significant sale recorded on December 6, 2023, for $873,000, marking a substantial increase from its $390,000 sale on May 6, 2010. This growth underscores the property's increasing value and appeal in the market.
Education is well catered for, with zoning for Southbridge Primary, Leeston Primary, and Ellesmere College, all highly regarded institutions. The property is within reach of several schools, including Villa Maria College, Southbridge School, Ellesmere College, Leeston School, St Thomas of Canterbury College, Middleton Grange School (Years 11 - 13), Aidanfield Christian School, and Christchurch Adventist School, offering a range of educational options for families. This home is not just a residence but a lifestyle choice, ideally located just ten minutes from Leeston and a 40-minute drive to the Christchurch CBD.