455 Mcraes Road, Scargill, Hurunui

Located at 455 Mcraes Road, Scargill, Hurunui, this lifestyle-improved property boasts a freehold ownership type with a sprawling land area of 88,332 square meters and a floor area of 170 square meters. The property features 4 double bedrooms, with the potential for a 5th bedroom or additional living space. Constructed in 1950 with wood walls and an iron roof, both in average condition, the property sits on level ground. Notable amenities include a large living area with French doors opening to an entertainer's patio, a kitchen equipped with a 900mm stainless oven and 5 burner gas hobs, and a bathroom with a large shower. The property is mostly double glazed and offers a dedicated office area, approximately 10 solar panels, and a 3 bay barn.

The property's capital value has seen a significant increase, from $445,000 in September 2019 to $640,000 in July 2022, marking a 43.82% growth. The latest sale recorded was $655,000 on February 2, 2024, up from $58,500 in September 1996. The HouGarden AVM estimates the property's value at $607,500.

School zoning includes Rangiora New Life School with a decile rating of 9 and Christchurch Adventist School with a decile rating of 5, both offering composite education. This property presents a unique off-grid opportunity, surrounded by various fruit trees and a truffle tree area, indicating potential for future income.

Updated on April 04, 2024.