Located at 7 Queen Street, Coalgate, Selwyn, this residential dwelling boasts a single bedroom, one bathroom, and two car parks, making it an ideal choice for individuals or couples. The property spans a floor area of 40 square meters and sits on a generous land area of 811 square meters. Built in 1985, the house features iron wall and roof constructions, both in good condition, and is positioned on a level contour. The ownership type of this freehold property ensures that the buyer will have complete control over the land and the dwelling.
The capital value (CV) of this property has remained stable at $240,000 as of September 2021, with no increase from its previous assessment in July 2021. Despite this, the property's market value has seen fluctuations, with the latest sale recorded on January 11, 2024, at $295,000, significantly higher than its sale price of $115,000 on May 27, 2010. The HouGarden AVM estimates the property's value at $235,000, indicating a potential for investment growth.
This property is zoned for several high-decile schools, including Villa Maria College (decile 9), Darfield High School (decile 9), and Middleton Grange School (Years 11 - 13) (decile 9), offering excellent educational opportunities. Other nearby schools include Glentunnel School (decile 7), St Thomas of Canterbury College (decile 8), and Christchurch Adventist School (decile 5), providing a range of options for families with children.