Nestled in the esteemed Omihi area, 'Starborough Downs' is a prime 106.04ha freehold property with a rich agricultural history. The versatile unit, suitable for beef, sheep, or cropping, has seen recent capital value growth of 25.24%, from $2,080,000 in 2019 to $2,605,000 as of 2022. The property's charm extends to its well-sheltered paddocks, new fencing, and impressive infrastructure, including cattle yards and sheds. The roughcast three-bedroom home has undergone extensive renovations, offering modern comforts like heat pumps and double glazing. With a HouGarden AVM of $2,047,500 and a latest sale price of $2,500,000 in 2024, this property presents a compelling opportunity. It falls within the decile 9 Omihi School zone and is close to other well-rated educational institutions.
Boasting a capital value increase of 25.24% over three years, 'Starborough Downs' also has a valuable history, with a previous sale in 2018 at $2,050,000. The property's potential is further enhanced by its agricultural facilities, including a three-stand woolshed and extensive water storage systems. It's a perfect choice for those seeking their first farm or looking to expand their agricultural endeavors.
For families, the property is within the catchment of Omihi School, a full primary with a decile rating of 9. Other nearby schools include Rangiora New Life School and Christchurch Adventist School, both offering composite education and boasting high decile ratings, ensuring quality education for all ages.
Updated on July 03, 2024