Nestled at 257 Mount Grey Road, Loburn, Waimakariri, this Lifestyle - Improved property is a charming representation of a 1950s build. It boasts 2 bedrooms, 1 bathroom, and 3 car parks, all set on a sprawling 42,370 square meters of level land. The freehold title ensures full ownership, while the wood exterior walls and tiled roof contribute to its classic appeal. Both the walls and roof are in average condition, and the property enjoys a floor area of 80 square meters. With a CV of $610,000 as of July 2022, this property has seen a rapid increase of 69.44% from its August 2019 valuation of $360,000.
Valuation history shows a HouGarden AVM of $562,500, with the latest sale on October 29, 2024, fetching $750,000, a significant jump from the previous sale on May 12, 2015, at $125,000. This reflects a substantial capital value growth percentage, making it an attractive investment.
For families with school-aged children, the property falls within the North Loburn School, a Full Primary with a decile rating of 9. Additionally, Rangiora High School, Rangiora New Life School, Christchurch Adventist School, and Marian College are all within reach, offering a range of educational options from primary to secondary levels, with decile ratings ranging from 5 to 9.
Updated on December 04, 2024