7 Martyn Street, Rangiora, Waimakariri

Nestled on a serene freehold section at 7 Martyn Street, Rangiora, this residential dwelling boasts a generous floor area of 120sqm. Constructed in 1989 with fibrous cement walls and an iron roof in good condition, the property presents a prime opportunity for those seeking a spacious home in a quiet cul-de-sac. The 3-bedroom house, with potential for modernization, includes built-in robes and a kitchen with ample workspaces. A heat pump and recently installed ceiling insulation enhance comfort. The property's capital value has surged by 56.41% over three years, from $390,000 to the current $610,000, with a HouGarden AVM estimate of $592,500. Notably, the latest sale history includes transactions in 1996 and 1993.

With a CV increase that outpaces the market, this property is not just a sound investment but also a chance to tap into the potential of the area. The recent EQC repairs will ease some of the renovation costs, making it an even more attractive prospect for those looking for their first home or a renovation project.

For families, the property falls within the catchment of esteemed schools such as Rangiora High School (Decile 9) and Southbrook School (Decile 7), ensuring quality education for all ages. This home is not just a structure; it's an investment in a lifestyle.

Updated on August 22, 2024