5 Tuka Road, Pegasus, Waimakariri

Located at 5 Tuka Road, Pegasus, Waimakariri, this Residential - Dwelling boasts a modern design with 3 bedrooms, a spacious floor area of 201m² on a 600m² land parcel. The property, built in 2016, features brick walls in good condition, an iron roof also in good condition, and is positioned on a level contour. Ownership is Freehold, ensuring full rights to the property. The house benefits from two heat pumps and a Dry-matic system, ensuring a warm and dry environment. An oversized double garage provides ample space for vehicles and storage for outdoor equipment, while two private patios and a well-planted garden with a full irrigation system offer excellent outdoor living and entertaining options.

The property has seen a significant increase in capital value, from $500,000 on August 1, 2019, to $830,000 on July 1, 2022, marking a 66% increase. The latest sale on February 1, 2024, was at $805,000, slightly above the HouGarden AVM of $795,000. This reflects the property's desirability and the market's recognition of its value.

Situated in a prime school zone, the property is close to Pegasus Bay School (decile 10), Rangiora New Life School (decile 9), Kaiapoi High School (decile 7), Christchurch Adventist School (decile 5), and Marian College (decile 8), offering excellent educational options for families. The location combines the tranquility of a quiet street with the convenience of being near local amenities and schools, making it an ideal setting for families and professionals alike.

Updated on April 05, 2024.