62d Edward Street, Rangiora, Waimakariri

Discover the charm of 62d Edward Street, Rangiora, Waimakariri, a unique 1-bedroom unit that beckons with potential. This property, nestled within a Cross-Lease title, spans a floor area of 70m². Constructed in 1960, it features concrete walls and an iron roof, both in average condition, set on a level contour. The residence offers a single bathroom, carpark, and a captivating outdoor space, despite its lack of land area.

Since its last valuation in 2019 at $255,000, the capital value has surged by an impressive 49.02% to $380,000 as of July 2022, reflecting its significant growth potential. The HouGarden AVM estimates its value at $362,500, while its latest sale on January 27, 2024, was for $350,000, marking a substantial increase from its 2004 sale price of $124,500. This property's value trajectory underscores its appeal and investment potential.

Education is a cornerstone of this property's allure, situated within the zones of highly regarded schools. Ashgrove School, Rangiora High School, and Rangiora New Life School, all boast a decile rating of 9, promising excellent educational opportunities. Additionally, it's zoned for Christchurch Adventist School and Marian College, with decile ratings of 5 and 8, respectively, further enhancing its family appeal.

Updated on April 06, 2024.