Nestled in the tranquility of 9 Kowhai Street, Leithfield, Hurunui, this charming residential dwelling, built in 1950, offers a serene escape on a level contour. The freehold property boasts 2 bedrooms, 1 bathroom, and a single carpark, with a floor area of 67 square meters and a generous land area of 607 square meters. The roughcast exterior walls and iron roof contribute to its classic appeal, both in average condition. This property is not just a home but also a promising investment, given its Capital Value (CV) increase of 61.70% from $235,000 in 2019 to $380,000 as of 2022.
With a HouGarden AVM of $362,500 and the latest sale recorded on March 6, 2024, at $480,000, this property has demonstrated a strong performance in the market. Its value has been consistently on the rise, making it an attractive prospect for buyers.
For families with children, the property falls within the catchment area of esteemed schools. Leithfield School, a Full Primary with a decile rating of 8, Rangiora High School (Year 9-15) and Rangiora New Life School, both with a decile rating of 9, and Christchurch Adventist School, a Composite with a decile rating of 5, provide a range of educational options for all ages.
Updated on April 11, 2024