Located at 20 Waituna Street, Pegasus, Waimakariri, this residential vacant land spans 347 square meters, offering a blank canvas for potential homeowners or investors. With its freehold ownership type, the property promises a full degree of ownership and control. Despite the unknown specifics regarding its wall and roof construction, as well as their conditions, the level contour of the property provides an easy foundation for development.
The capital value of the property as of July 1, 2022, was $345,000, showcasing a significant growth potential when compared to its latest sale price of $225,000 on January 6, 2024. The HouGarden AVM estimates the property's value at $330,000, indicating a stable market perception and investment appeal.
Education is a priority in this area, with access to high-decile schools such as Pegasus Bay School (decile 10), Rangiora New Life School (decile 9), and Marian College (decile 8). The diverse range of schools, including composite, full primary, and secondary institutions, ensures a comprehensive educational environment for families. Kaiapoi High School and Christchurch Adventist School also serve the area, with deciles of 7 and 5, respectively.
Updated on April 06, 2024.