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30 Princes Street, Waikari, Hurunui, 1 Bedrooms, 1 Bathrooms, Lifestyle Property

Sold: $455,000

Sold on 2024 Year 2024 Month 10 Day 07

30 Princes Street, Waikari, Hurunui

1
1
50m2
12646m2

Embrace the opportunity to own a charming 1-bedroom, 1-bathroom residence with a single carpark, set on a sprawling 12,646sqm of freehold land at 30 Princes Street, Waikari, Hurunui. Constructed in 1950 with wood walls and an iron roof, this property presents an average condition both inside and out. The capital value has seen a remarkable increase of 55.36% from $280,000 in 2019 to $435,000 as of 2022. The HouGarden AVM estimates the property's worth at $432,500, while the latest sales in 2024 and 2018 were recorded at $455,000 and $225,000 respectively. This residence is not just a home but a potential investment with its spacious land and development prospects.

When it comes to the government's valuation and sales history, this property is a goldmine. The rapid CV growth is a testament to the area's rising popularity and potential. The added bonus is the property's location within a prime school zone. The Rangiora New Life School, a composite institution, boasts a decile rating of 9, while the Christchurch Adventist School is rated a 5. Education and investment go hand in hand here, making it an ideal choice for families.

Nestled in a quiet cul-de-sac, the property enjoys serene views north towards Hanmer Springs, ensuring ample sunshine and tranquility. Whether you seek a peaceful retreat, a renovation project, or a sound investment, this property is a winning combination of convenience, space, and potential.

Updated on November 20, 2024

Council Data

Last update : 2025 01 15
Improvement value$145,000Reduced by -11% from year 2019
Land value$290,000Increased by 150% from year 2019
CV(Year 2022 Month 07)$435,000Increased by 55% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area12646m²
Floor area50m²
Decade of construction1950
TitleCB308/69
Type of titleFreehold
Legal descriptionLOTS 1-2 DP 4371
CouncilHurunui
Estate descriptionFSIM,1/1,LOT 1-2 DEPOSITED PLAN 4371
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningResidential 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Rangiora New Life School
39.94 km
Combined
1-13
Government
Co-Educational
EQI: 431
9
Christchurch Adventist School
59.40 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Residential 1
Land:12646m²
Title:Freehold

Surrounding facilities

Princes Street Neighborhood and Surrounding Data

Mortgage

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Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
652 Mount Brown Road, Broomfield
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3
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Year 2024 Month 11 Day 27
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-m2
Year 2024 Month 09 Day 20
-
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50 Princes Street, Waikari
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3
2
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Year 2024 Month 09 Day 10
$450,000
Council approved
47 Glenmark Drive, Waipara
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3
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Year 2024 Month 08 Day 29
$365,500
Council approved
109 Princes Street, Waikari
5.86 km
3
1
-m2
Year 2024 Month 07 Day 26
-
Council approved

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