3 Inch Crescent, Rangiora, Waimakariri

Nestled on a level contour at 3 Inch Crescent, Rangiora, Waimakariri, this residential vacant land boasts a freehold title. The property is situated in a quiet cul-de-sac, featuring an unknown roof and wall construction. With a land area of 390 square meters, it presents a promising opportunity for potential development. The property's government valuation as of July 2022 stands at $345,000, while the HouGarden AVM estimates it at $342,500. The latest sale record indicates a transaction of $350,000 on September 30, 2024.

Since the last sale, the capital value has shown a steady increase, reflecting a positive trend in the local real estate market. This vacant land holds potential for investors and developers looking to capitalize on the rising property values in the area.

For families with educational considerations, the property falls within a highly regarded school zone. The local schools are known for their high decile ratings, ensuring quality education for the children.

Updated on November 07, 2024