64 Newnham Street, Rangiora, Waimakariri

Nestled on the serene Newnham Street, this comfortable 3-bedroom, 2-car park residence boasts a freehold title and a prime location. Constructed in 1970 with concrete walls and an iron roof, both in good condition, this property presents a perfect blend of classic charm and modern convenience. The house, sitting on a levelled 606sqm section, features a floor area of 240sqm, and is equipped with two heat pumps for year-round comfort. Notably, the capital value has surged by 54.76% over the past three years, from $420,000 in August 2019 to the current $650,000 as of July 2022. The HouGarden AVM estimates the property at $622,500, making it an attractive investment opportunity.

Property history shows a consistent increase in value, reflecting a desirable property in a sought-after area. The recent sale history and rapid CV growth indicate a strong market for this type of residence in the heart of Rangiora. With a well-established community and amenities nearby, the property is further enhanced by its school zones. It falls within the decile 9 Rangiora High School and the decile 7 Southbrook School, ensuring quality education for the family.

Additionally, Rangiora New Life School, Christchurch Adventist School, and Marian College are all within reach, each offering their unique educational advantages. This combination of location, value appreciation, and educational opportunities makes this property an ideal choice for families seeking a sound investment and a quality lifestyle.

Updated on April 24, 2024