6 Rata Street, Rangiora, Waimakariri

Located at 6 Rata Street, Rangiora, Waimakariri, this charming 1920s cottage offers a unique opportunity for those looking to embark on a restoration project or step onto the property ladder. The residence features three bedrooms, a kitchen, living room, and sunroom, spread across a floor area of 88 square meters. Despite its age, the property has seen significant upgrades, including a renovated bathroom with new plumbing. The exterior boasts fibrous cement walls and an iron roof, both in fair condition, complemented by a level property contour. A single detached garage with power and a private back section location adds to its appeal, all within a short drive to the heart of Rangiora.

From a financial perspective, the property has experienced a remarkable capital value increase of 58.33% from $300,000 in August 2019 to $475,000 in July 2022, showcasing its potential as a valuable investment. The latest sale in January 2024 was at $305,000, slightly above the 2015 sale price of $275,000. The HouGarden AVM estimates the property's value at $455,000, indicating a positive market perception.

Education is a priority, with the property situated in zones for high-decile schools, including Rangiora High School (Decile 9), Rangiora Borough School (Decile 7), Rangiora New Life School (Decile 9), Christchurch Adventist School (Decile 5), and Marian College (Decile 8). These schools offer a range of educational stages from full primary to secondary (Year 9-15) and composite levels, ensuring quality education options for families.

Updated on April 06, 2024.