44b King Street, Rangiora, Waimakariri

Nestled in a serene cul-de-sac at 44b King Street, Rangiora, this 1978-built residential gem with a cross-lease title is a perfect blend of comfort and convenience. The 120sqm floor area encompasses three generous bedrooms, a well-appointed bathroom, and a cozy living space complemented by a modern kitchen with a dishwasher. The Iron roof and Concrete walls are in good condition, and the property is equipped with a heat pump for year-round comfort. The capital value has seen a remarkable increase of 55.93% from $295,000 in 2019 to $460,000 as of 2022, reflecting its investment potential. The property also boasts a HouGarden AVM of $455,000 and a sales history with the latest transaction at $323,500 in 2020.

For families with children, the property falls within the catchment of esteemed schools such as Rangiora High School (Decile 9) and Southbrook School (Decile 7), ensuring quality education. The property's private, fully fenced yard and north-facing deck make it an ideal setting for family life.

With a CV increase that outpaces the market and a location that's tough to beat, this property is an attractive opportunity for both first-home buyers and savvy investors.

Updated on November 25, 2024