Nestled on 8.1280 hectares of freehold land, this property at 1 Feathers Road, Loburn, Waimakariri, offers a serene escape just 15 minutes from Rangiora. With an undefined number of bedrooms, a single bathroom, and no car parks, this forestry block was once a vibrant exotic forest, affected by the 2023 windstorm. The capital value has seen a staggering increase of 86.5% from $260,000 in August 2019 to $485,000 as of July 2022. The latest sale was recorded at $340,000 in September 2024, following the previous sale of $156,000 in February 2004. HouGarden AVM estimates the property's value at $475,000. Despite the storm's impact, the level contour and breathtaking views of Mt Grey make it an ideal canvas for your dream home. The property is served by a high decile school network, including North Loburn School, Rangiora High School, Rangiora New Life School, Christchurch Adventist School, and Marian College.
With no covenants, power and water to the boundary, and a price point that invites investment, this is a rare opportunity to own a sizeable piece of land with immense potential. Don't miss the chance to explore what this versatile lifestyle block has to offer!
Educationally endowed, the property falls within the catchment area of esteemed schools, with North Loburn School and Rangiora High School both boasting a decile rating of 9, while Rangiora New Life School, Christchurch Adventist School, and Marian College offer diverse educational options with ratings ranging from 5 to 9.
Updated on November 06, 2024