41 Tramway Road, Springfield, Selwyn

Located at 41 Tramway Road, Springfield, Selwyn, this vacant residential property offers a unique opportunity for those looking to build their dream home in a modern subdivision with breathtaking alpine views. The property spans over a generous land area of 1012m², promising ample space for a single-level dwelling to preserve the stunning views of the Torlesse Range. The land is serviced with underground power, telecom, town water, hi-tech street lights, and sealed driveway entrances, ensuring a blend of natural beauty with modern conveniences. Titles are available for several lots, with prices ranging from $147,000 to $160,000.

The property's capital value has remained stable at $190,000 as of September 2021, with a HouGarden AVM of $180,000. Despite the stable CV, the latest sale recorded on February 1, 2024, was at $150,000, indicating a potential for value appreciation. The property is within commuting distance of Christchurch, only 40 minutes from Christchurch International Airport and 30 minutes to the Porter Heights skifield, making it an attractive option for both lifestyle and investment.

Education is well catered for with several high-decile schools in the vicinity, including Villa Maria College, Darfield High School, and Middleton Grange School, all with a decile rating of 9. Springfield School and St Thomas of Canterbury College also serve the area, offering diverse educational opportunities for families. This property is not just a piece of land but a gateway to a lifestyle surrounded by natural beauty and modern amenities, making it an ideal setting for your new home.

Updated on April 05, 2024.