Nestled on a level 5.08 hectare section at 548 Weedons Ross Road, this Freehold property in West Melton, Selwyn, is a charming brick-built home with an Iron roof from the 1970s, boasting 4 bedrooms and a carpark. The 240 square meter floor area is complemented by a well-maintained exterior and a good condition roof, offering a serene and private living experience. The property, with a CV of $1,220,000 as of September 2021, has seen no increase in the past two quarters, according to the latest government valuation. The HouGarden AVM estimates the property at $1,117,500, with a notable sale history - last sold for $402,000 in 1997 and $365,500 in 1991.
With a potential for zone change due to the adjacent West Melton township's growth, this property holds great capital value increase potential. It is currently zoned for top-rated schools such as Villa Maria College (Decile 9), West Melton School (Decile 10), Rolleston College (Decile 10), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and Christchurch Adventist School (Decile 5), making it an ideal investment for families.
Enjoying a quiet cul-de-sac setting, the property is complete with a large deck and pergola, a 3 bay barn, a lock-up shed/workshop, and an abundance of walnut trees. It presents an A+ lifestyle with land banking, offering both immediate enjoyment and long-term potential.
Updated on July 05, 2024
