Nestled on a level plot at 186 Summerhill Road, Cust, Waimakariri, this Lifestyle - Improved property boasts a charming 1910 construction with wooden walls and an iron roof, both in average condition. It offers 3 bedrooms, a generous floor area of 280 square meters, and a vast land area of 44,355 square meters. The freehold title ensures full ownership rights, while the property's capital value has seen a remarkable increase of 50.68% from $730,000 in August 2019 to $1,100,000 as of July 2022.
With a HouGarden AVM of $1,067,500 and the latest sale recorded on October 2, 2024, at $1,155,000, this property presents a solid investment opportunity. The government's capital value assessment reflects a strong growth trajectory, making it an attractive prospect for buyers.
For families with school-aged children, the property falls within the highly sought-after school zones of Cust School, a Full Primary with a decile rating of 10, Rangiora High School, a Secondary school with a decile rating of 9, and Rangiora New Life School, also rated 9. Other nearby educational institutions include Christchurch Adventist School and Marian College, both offering diverse educational opportunities.
Updated on October 23, 2024