94 Tulls Road, Waikuku, Waimakariri

Nestled on a serene 44.51-hectare freehold lot at 94 Tulls Road, Waikuku, this versatile dairy farm has been cherished by the same family for over half a century. The property, with an unknown roof and wall construction, boasts a level contour and unknown condition of both its walls and roof. It offers a prime location for potential subdivision and land banking, complemented by an existing water consent for 26 litres per second and various outbuildings. Historically, the capital value has seen a rapid increase from $1,550,000 in August 2019 to $1,850,000 as of July 2022, marking a 19.35% growth. The latest sale was recorded at $2,296,000 in September 2024, while HouGarden AVM estimates the property at $1,822,500.

For families, the property falls within an esteemed school zone. Rangiora High School and Rangiora New Life School both rate a decile 9, while Pegasus Bay School achieves a perfect 10. Christchurch Adventist School and Marian College are also within reach, rating a decile 5 and 8 respectively.

With easy access to State Highway One, proximity to the beloved Waikuku Beach, and the convenience of nearby towns like Ravenswood and Pegasus, this property presents a golden opportunity for investors and land bankers alike.

Updated on November 13, 2024