Nestled in the serene Kessen Street of Pegasus, Waimakariri, this freehold property boasts a capital value of $810,000 as of July 2022, showcasing a remarkable increase of 55.77% since August 2019. The 223sqm floor area is complemented by 4 bedrooms, 2 bathrooms, and 2 car parks, all set on a spacious 542sqm plot. Constructed in 2009 with roughcast walls and an iron roof, both in good condition, this residence exudes elegance with its 2.7-meter high entryway ceiling and heated floors. The property, 'The Pearl of Pegasus,' is a gem in a quiet cul-de-sac, with a HouGarden AVM of $740,000, and a sales history that includes a latest sale in 2020 for $531,000. It's not just the numbers that impress; the property's close proximity to top-rated schools like Rangiora New Life School (Decile 9) and Pegasus Bay School (Decile 10) adds immense value. This is a home that combines luxury, comfort, and an opportunity for growth, making it an offer too good to miss.
With a property that has seen its government valuation sky-rocket, and a recent sale history that speaks volumes about its desirability, this residence is a golden investment. The CV increase percentage is a testament to the property's escalating worth, and the HouGarden AVM provides a realistic market estimate. The previous sales in 2020 and 2016 for $531,000 and $475,000 respectively, highlight the consistent growth in value. This is a home that promises a return on investment like no other in the area.
For families with children, the school network is a significant draw. The property falls within the zones of esteemed institutions such as Rangiora New Life School, Pegasus Bay School, and Marian College, all known for their high decile ratings and quality education. This ensures that not only is the property a wise financial investment, but it also provides a sound foundation for educational pursuits.
Updated on December 10, 2024