Nestled on a serene section of 4.0044 hectares, this freehold property at 45 Stoke School Road, Cust, Waimakariri, offers a lifestyle opportunity with majestic views of neighboring farmlands and the Okuku Ranges. The site, valued at $510,000 according to the latest government valuation, provides a perfect platform for building your dream home. With unknown roof and wall construction, this vacant land is complemented by a 10,000-liter water tank and a daily supply of approximately 2000 liters from the Waimakariri Water Scheme. It boasts convenient access to 3-phase power, sealed right of way, and fenced boundaries, all protected by covenants to secure your investment.
Reflecting a promising investment, the property's capital value has seen a significant increase. With a HouGarden AVM of $460,000, the land presents a growth potential, especially considering the recent sales history. The government valuation has shown a substantial rise, indicating a lucrative opportunity for buyers.
For families, the property falls within the catchment of esteemed schools. Cust School, a full primary with a decile rating of 10, is nearby, along with Rangiora High School (decile 9), Rangiora New Life School (decile 9), Christchurch Adventist School (decile 5), and Marian College (decile 8). This makes it an ideal location for those seeking quality education for their children.
Updated on June 19, 2024