3 Rata Street, Rangiora, Waimakariri

Nestled in the tranquility of a quiet cul-de-sac on 3 Rata Street, Rangiora, this charming 1950s residential dwelling boasts a freehold title and a floor area of 123sqm. Constructed with concrete walls and a mixed-material roof, the property presents an average condition both externally and under the roof. It offers 3 bedrooms, 2 carparks, and a layout designed for family living, with an open-plan kitchen and dining area. The warmth of a heat pump and log burner promise comfort through all seasons. The property sits on a level 1,123sqm section, complete with a double garage, single garage, and carport, plus two workshops for the enthusiast. The latest government valuation reflects a capital value of $630,000, a significant increase of 55.56% since 2019, while the HouGarden AVM estimates it at $587,500. The property last changed hands in 1994 for $85,000, highlighting its appreciating value. Educationally, the property falls within the zones of Rangiora High School and Rangiora Borough School, both known for their high decile ratings, ensuring a quality education for the family.

With a CV increase that outpaces the norm and a desirable location near top-rated schools, this property is not just a home but a sound investment opportunity. Its potential is clear, making it a must-consider for those seeking a combination of comfort, convenience, and growth.

Part of a sought-after school network, the property is close to Rangiora High School (decile 9), Rangiora Borough School (decile 7), and other reputable institutions. This ensures access to a diverse range of educational facilities, catering to all ages and academic needs.

Updated on May 03, 2024