Nestled on a private and mature 1,200sqm section within the coveted Loburn area, this enchanting cob cottage from the late 1800s offers a rare opportunity to own a piece of history. With a current Capital Value (CV) of $530,000, this freehold property has seen a growth of 27.7% since 2019, reflecting its escalating worth. The charming residence boasts one bedroom, a single carpark, and a floor area of 108sqm. Constructed with Iron roofing and Malthoid walls, the house maintains an average condition both inside and out. This property is perfect for those seeking a tranquil rural lifestyle, an investment opportunity, or a holiday home. Notably, it is located in a prime school zone, with the Ashley Rakahuri School decile 10 and Rangiora High School decile 9, among others.
With a HouGarden AVM of $535,000 and a latest sale record of $556,000 in 2024, this property holds significant value. The recent sale history and CV increase reflect the investment potential of this idyllic country cottage. It features a spacious lounge with a Pioneer log burner, a country-style kitchen, a generous double bedroom, and a clawfoot bath, creating a cozy atmosphere while maintaining its historical charm.
For families with children, the property falls within an excellent school network. The nearby schools, including Ashley Rakahuri School, Rangiora High School, and Rangiora New Life School, offer high-quality education and are highly rated. This charming country cottage not only promises a peaceful lifestyle but also a sound investment for the future.
Updated on September 11, 2024