21 Penfold Square, Leithfield, Hurunui

Nestled in the serene Leithfield Beach, this quaint one-bedroom, one-bathroom cottage on 315 square meters of freehold land offers an idyllic coastal lifestyle. Constructed in 1930 with wood walls and an iron roof, the property maintains an average condition, exuding a cozy ambiance complemented by modern decor and flooring. The capital value has seen a significant increase from $230,000 in 2019 to $370,000 in 2022, reflecting a growth of 60.87%. The property features an open-plan living area with a log burner, a patio, and a covered veranda, perfect for enjoying the sounds of the sea. It includes a carpark, a heat pump, and a standalone studio, adding to its versatility. The property is located in a quiet cul-de-sac, with the beach and local amenities within easy reach. Notably, it falls within the zones of Leithfield School with a decile rating of 8, Rangiora High School with a decile rating of 9, and other esteemed educational institutions, making it an ideal family home. The HouGarden AVM estimates the property's value at $342,500, and the latest sale was recorded at $285,000 in 2021, showcasing its investment potential.

Updated on May 31, 2024