Located at 14 Hall Street, Motunau, Hurunui, this unique property offers a rare coastal opportunity. It is a residential vacant section with a land area of 534 square meters, characterized by its freehold ownership type. The property's contour is described as having a steep fall, and both the roof and wall constructions are unknown, reflecting its status as a blank canvas for potential development. This property includes a lockable single garage and a boat shed, enhancing its appeal for outdoor enthusiasts. Additionally, it features a practical 2.2mx2.2m wet room equipped with shower and toilet facilities.
The property has seen a significant increase in capital value, from $160,000 on September 1, 2019, to $280,000 on July 1, 2022, marking a 75% increase. The HouGarden AVM estimates its value at $330,000. Its latest sale was recorded on January 16, 2024, for $349,000, following a previous sale on March 6, 2006, for $300,000. This trajectory underscores the property's growing appeal and potential for investment.
For families considering educational opportunities, the property is zoned for Rangiora New Life School, a composite school with a decile rating of 9, and Christchurch Adventist School, also a composite school but with a decile rating of 5. This offers a range of educational options for residents.
Updated on April 06, 2024.
