35a Percival Street, Rangiora, Waimakariri

Located at 35a Percival Street, Rangiora, Waimakariri, this residential property presents a unique investment opportunity or a cozy home for potential buyers. The property features two bedrooms, one bathroom, and a single carpark, with a total floor area of 50 square meters. Constructed in the 1970s, the building boasts concrete walls and an iron roof, both in average condition. This cross-lease property is set on a level contour, making it an easy-care option for homeowners. The north-facing conservatory/living/dining area, overlooking the galley kitchen, is complemented by a separate laundry area and internal access single garaging, positioned close to Lillybrook shops, schools, and public transport.

From a financial perspective, the property has seen a significant increase in capital value, rising from $260,000 on August 1, 2019, to $385,000 by July 1, 2022, marking a 48.08% increase. The latest HouGarden AVM estimates the property's value at $377,500. Historical sales data reveals a sale for $266,436 on November 3, 2020, and $240,000 on January 28, 2017. The property is described as negotiable over $389,000, with annual rates amounting to $3,652.41.

In terms of education, the property is well-positioned within several school zones, offering a range of options for families. Rangiora High School (Secondary, decile 9), Southbrook School (Full Primary, decile 7), Rangiora New Life School (Composite, decile 9), Christchurch Adventist School (Composite, decile 5), and Marian College (Secondary, decile 8) are all accessible, providing quality education options across different levels.

Updated on March 22, 2024.