Nestled in the heart of Rangiora, this 2-bedroom, 2-carpark townhouse on a freehold title boasts a brick exterior and an iron roof, both in good condition. Constructed in 2016, the 110sqm floor area is complemented by a level 246sqm section, exuding contemporary living. The property's capital value has seen a rapid increase from $440,000 in August 2019 to $680,000 as of July 2022, reflecting a growth rate of 54.5%. This residence, located in a quiet cul-de-sac, is not only a secure investment but also a convenient one, being just minutes from the town center.
With a HouGarden AVM of $650,000 and a latest sale history of $420,000 in June 2015, this property presents a lucrative opportunity. The government's increasing valuations reflect the area's growing popularity and desirability, making it an attractive prospect for potential buyers.
For families with children, the school network is a significant plus. Rangiora High School and Rangiora New Life School, both with a decile rating of 9, are in the zone, along with Rangiora Borough School (decile 7) and Marian College (decile 8). Christchurch Adventist School, a composite school with a decile rating of 5, is also nearby. This townhouse offers not just a home but a promising future for its residents.
Updated on October 31, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 2 | 1 | 60m2 | Year 2024 Month 11 Day 08 | - | Council approved | |
 | 0.18 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 06 | - | Council approved | |
0.25 km | 4 | 195m2 | Year 2024 Month 11 Day 04 | $660,000 | Council approved | |||
 | 0.14 km | 2 | 1 | 140m2 | Year 2024 Month 10 Day 31 | - | Council approved | |
 | 0.29 km | 3 | 2 | 174m2 | Year 2024 Month 08 Day 16 | - | Council approved |