50b Victoria Street, Rangiora, Waimakariri

Nestled at 50b Victoria Street, Rangiora, Waimakariri, this charming 4-bedroom, 2-car park residence is a freehold property built in 1910. Its roughcast exterior walls and tiled roof are in average and good condition respectively, complementing the levelled contour of the land. The interior boasts high studs, large windows, and a sunroom area, offering an abundance of space that's perfect for a starter home or a strategic investment with enhancement potential. The property has a floor area of 177sqm and a land area of 532sqm.

As per the government valuation, the capital value has seen a substantial increase from $390,000 in August 2019 to $610,000 in July 2022, reflecting a growth rate of 56.41%. The HouGarden AVM estimates the property's value at $582,500. The latest sale history includes transactions in March 2024 for $492,500 and October 2002 for $145,000.

Educationally, the property falls within the zones of several reputable schools. Rangiora High School and Rangiora New Life School are both secondary schools with a decile rating of 9. Rangiora Borough School is a full primary school with a decile rating of 7, while Marian College, a secondary school, is rated at decile 8. Christchurch Adventist School, a composite school, holds a decile rating of 5.

Updated on April 11, 2024