18 Te Pakiaka Road, Pegasus, Waimakariri

Located at 18 Te Pakiaka Road, Pegasus, Waimakariri, this modern residential dwelling boasts 3 bedrooms and 2 carparks, with a floor area of 119 square meters and a land area of 310 square meters. Built in 2020, the property features a freehold ownership type, concrete walls in good condition, and an iron roof also in good condition. The property is situated on a level contour, making it an ideal and comfortable living space.

The property has seen a significant increase in its capital value, from $620,000 as of July 2021 to a recent sale price of $630,000 in July 2023, reflecting a steady growth in value. Additionally, the HouGarden AVM estimates the property's value at $330,000, indicating a potential undervaluation in the current market. This growth trajectory underscores the property's investment potential and desirability.

The property is favorably located within excellent school zones, including Rangiora New Life School (Composite, Decile 9), Pegasus Bay School (Full Primary, Decile 10), Kaiapoi High School (Secondary Year 9-15, Decile 7), Christchurch Adventist School (Composite, Decile 5), and Marian College (Secondary Year 9-15, Decile 8). This wide range of high-quality educational options makes it an ideal choice for families prioritizing education.