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Sold: $909,000

Sold on 2024 Year 2024 Month 11 Day 20

2 Rakau Lane, Casebrook, Christchurch

3
171m2
529m2

Nestled in the tranquility of 2 Rakau Lane, Casebrook, Christchurch, this residential dwelling on a freehold title boasts 3 bedrooms and 2 car parks. Constructed with a mix of materials for the walls and iron for the roof, this level property has a floor area of 171 square meters and is set on a generous 529 square meter section. Both the walls and roof are in good condition, and the building is only a few years old, built in 2024. The property's current Capital Value (CV) as of August 2022 is $990,000.

According to the latest records, the property was valued at $907,500 by HouGarden AVM, with a recent sale on November 20, 2024, fetching $909,000. This indicates a significant increase in the capital value, showcasing the investment potential of this property.

For families with children, the property falls within a desirable school zone. The local schools have a positive decile rating, ensuring access to quality education.

Updated on December 18, 2024

Council Data

Last update : 2025 01 22
Improvement value$530,000
Land value$460,000
CV(Year 2022 Month 08)$990,000
DeckYes
View typeNo appreciable view
ContourLevel
Land area529m²
Floor area171m²
Decade of construction2024
Title1169413
Type of titleFreehold
Legal descriptionLOT 61 DP 600791
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 61 DEPOSITED PLAN 600791,529m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Casebrook Intermediate
1.44 km
Secondary
7-8
Government
Co-Educational
EQI: 461
6
Cotswold Mātāhae School
1.51 km
Primary
1-6
Government
Co-Educational
EQI: 415
8
Te Kura o Matarangi - Northcote School
1.80 km
Primary
1-6
Government
Co-Educational
EQI: 528
3
Bishopdale School
1.82 km
Primary
1-6
Government
Co-Educational
EQI: 518
3
Redwood School (Christchurch)
2.16 km
Primary
1-6
Government
Co-Educational
EQI: 436
8
St Bede's College
2.30 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 412
9
Breens Intermediate
2.42 km
Secondary
7-8
Government
Co-Educational
EQI: 450
7
Papanui High School
2.48 km
Secondary
9-15
Government
Co-Educational
EQI: 462
7
St Joseph's School (Papanui)
2.55 km
Primary
1-8
Government
Co-Educational
EQI: 392
9
Isleworth School
2.76 km
Primary
1-6
Government
Co-Educational
EQI: 465
5

Property history

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For developers

Unitary plan:-
Land:529m²
Title:Freehold

Rakau Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.07 km
226m2
Year 2024 Month 12 Day 18
$1,121,700
Council approved
0.06 km
3
168m2
Year 2024 Month 10 Day 29
$945,000
Council approved
0.10 km
3
143m2
Year 2024 Month 09 Day 26
$825,000
Council approved
0.07 km
4
193m2
Year 2024 Month 08 Day 27
$1,150,000
Council approved
0.10 km
0m2
Year 2024 Month 08 Day 01
$919,000
Council approved

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