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40 Whakatipu Street, Pegasus, Waimakariri, 3 Bedrooms, 0 Bathrooms, House

Sold: $622,500

Sold on 2024 Year 2024 Month 07 Day 11

40 Whakatipu Street, Pegasus, Waimakariri

3
142m2
302m2

Nestled in the serene Whakatipu Street, this freehold property boasts a modern and sun-drenched layout, perfect for a variety of living needs. Constructed in 2016 with roughcast walls and an iron roof in good condition, the residence offers 3 bedrooms, 2 carparks, and a generous floor area of 142 square meters on a levelled 302 square meter section. The property's capital value has seen a rapid increase from $390,000 in August 2019 to $620,000 as of July 2022, reflecting a growth rate of 58.97%. The latest sale history includes transactions at $450,000 in February 2021 and $385,000 in June 2016.

With a HouGarden AVM estimate of $577,500, this property presents a compelling opportunity. It is well-positioned within the catchment area of top-rated schools, including Rangiora New Life School (Decile 9), Pegasus Bay School (Decile 10), Kaiapoi High School (Decile 7), Christchurch Adventist School (Decile 5), and Marian College (Decile 8), ensuring access to excellent education.

Whether you seek a starter home, a peaceful retreat for retirement, or a sound investment, this property in a quiet cul-de-sac is a golden chance not to be missed. The current owners have relocated and are highly motivated to sell, making it an ideal time to seize this valuable opportunity.

Updated on July 11, 2024

Council Data

Last update : 2025 03 05
Improvement value$280,000Reduced by 0% from year 2019
Land value$340,000Increased by 203% from year 2019
CV(Year 2022 Month 07)$620,000Increased by 58% from year 2019
View typeNo appreciable view
ContourLevel
Land area302m²
Floor area142m²
Decade of construction2016
Title587982
Type of titleFreehold
Legal descriptionLOT 5 DP 455111 - 1/18SH IN LOT 102
CouncilWaimakariri
Estate descriptionFSIM,1/1,LOT 5 DEPOSITED PLAN 455111,302m2
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRes6a

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Pegasus Bay School
0.20 km
Primary
1-8
Government
Co-Educational
EQI: 421
10
Rangiora New Life School
7.76 km
Combined
1-13
Government
Co-Educational
EQI: 431
9
Kaiapoi High School
9.06 km
Secondary
9-15
Government
Co-Educational
EQI: 463
7
Christchurch Adventist School
21.68 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Marian College
25.39 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8

Property history

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For developers

Unitary plan:Res6a
Land:302m²
Title:Freehold

Surrounding facilities

Whakatipu Street Neighborhood and Surrounding Data

Mortgage

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