Located at 90 Stationmasters Way, Prebbleton, Selwyn, this unique property stands as a vacant residential land, offering a serene and promising canvas for potential homeowners or investors. Spanning across 600 square meters, the land boasts a level contour, making it an ideal site for construction. Despite the absence of existing structures, which leaves details such as bedrooms, bathrooms, floor area, and car parks unspecified, the property's freehold ownership type underscores its appeal, promising complete control and freedom to its future owners. The construction materials for both the roof and walls remain unknown, reflecting the property's current vacant status and the limitless possibilities it holds.
The property's capital value has seen a notable increase, from $310,000 in March 2021 to a recent sale price of $453,000 in February 2024, marking a significant growth that highlights the area's rising market value. The HouGarden AVM estimates the property's value at $442,500, further attesting to its financial viability and the potential for capital appreciation.
Education is a cornerstone of the Prebbleton community, and this property is zoned for several high-decile schools, ensuring quality education for residents. Among them are Prebbleton School with a decile rating of 10, Lincoln High School also rated at decile 10, Villa Maria College at decile 9, and St Thomas of Canterbury College at decile 8. Additionally, the property is within the catchment area for Middleton Grange School (Years 11 - 13) and Aidanfield Christian School, both rated at decile 9, as well as Christchurch Adventist School with a decile rating of 5. This diverse range of educational institutions underscores the area's commitment to providing excellent educational opportunities.