Nestled on a level plot at 624 Selwyn Road, Rolleston, this residential vacant land boasts a freehold title, offering a blank canvas for your dream home. With a floor area potential of 200 square meters and a generous land area of 1500 square meters, it's a rare find in a quiet cul-de-sac. While the current state of the walls and roof are unknown, the property's capital value as of September 2021 stands at $550,000, indicating significant growth potential.
Reflecting a healthy real estate market, the property's HouGarden AVM is valued at $530,000, with a recent sale on August 28, 2024, fetching $450,000. This highlights a steady increase in the capital value over time, making it an attractive investment.
For families with school-aged children, the property falls within the zone of several high-performing schools. These include Villa Maria College (Decile 9), Rolleston Christian School (Decile 9), Te Rohutu Whio, Rolleston College (Decile 10), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Years 11-13, Decile 9), and Christchurch Adventist School (Decile 5), ensuring access to quality education.
Updated on October 23, 2024