124 East Belt, Lincoln, Selwyn

Nestled in the serene Lincoln, Selwyn, at 124 East Belt, this charming 1960's residence boasts a freehold title and stands testament to the era with its concrete walls and iron roof. The home has been modernized with aluminum double glazing and a contemporary kitchen, offering 3 spacious bedrooms, 2 generous living areas, and a combined kitchen-dining space. With a floor area of 148sqm and a vast land area of 916sqm, it includes a single carpark and a separately fenced tandem garage with an automatic door, ideal for families with children and pets. The property's Capital Value has remained stable at $610,000 since July 2021, with a 0.0% increase, while the HouGarden AVM estimates it at $602,500, hinting at untapped potential.

History shows a consistent CV, yet the property's true value may be seen in its development potential, being in a prime location close to Lincoln Primary School and the university. The recent sale history and the property's contour, being level, suggest ease of future projects. This home is not just a purchase; it's an investment in a promising future.

For families with school-aged children, the property falls within the highly sought-after zones of Lincoln Primary School (Decile 10), Lincoln High School (Decile 10), and Villa Maria College (Decile 9), ensuring access to quality education. Other nearby schools include St Thomas of Canterbury College (Decile 8), Middleton Grange School, Aidanfield Christian School, and Christchurch Adventist School, catering to various educational needs and preferences.

Updated on November 21, 2024