Nestled in the serene Rakaia, this charming two-bedroom, one-bathroom home on a freehold title offers a warm and inviting lifestyle. Constructed in 1960 with fibrous cement walls and an iron roof, the property sits on a level 530sqm section with a floor area of 93sqm. The capital value has seen a significant increase from $360,000 in 2021 to $445,000 in 2024, reflecting a growth of 23.61%. The latest sale was recorded at $400,000 in 2024, following a previous sale in 2016 at $267,500.
Boasting a north-facing kitchen and dining area, this home enjoys the comfort of a log fire heated lounge. The addition of an HRV system ensures a fresh and healthy living environment. Outside, a single garage with a garden shed provides ample storage space. This property is located in a quiet cul-de-sac, close to supermarkets, medical facilities, and the highly regarded Rakaia Primary School. It falls within the zones of several high-performing secondary schools, including Villa Maria College and St Thomas of Canterbury College, both with a decile rating of 9.
With a HouGarden AVM estimate of $407,500, this property presents a golden opportunity to enter a desirable school zone and enjoy the benefits of country living without sacrificing convenience.
Updated on December 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.24 km | 0m2 | Year 2024 Month 11 Day 27 | $152,174 | Council approved | ||||
 | 0.12 km | 3 | 111m2 | Year 2024 Month 11 Day 13 | $555,000 | Council approved | ||
0.15 km | 3 | 108m2 | Year 2024 Month 10 Day 04 | $435,000 | Council approved | |||
0.21 km | 0m2 | Year 2024 Month 08 Day 23 | $178,900 | Council approved | ||||
0.20 km | 0m2 | Year 2024 Month 08 Day 15 | $195,000 | Council approved |