58a King Street, Rangiora, Waimakariri

Nestled in the heart of Rangiora, this charming 2-bedroom unit on a cross-lease title boasts an iron roof and concrete walls, both in good condition, echoing the sturdy construction of the 1970s. With a floor area of 110 square meters and a single carpark, this property offers a comfortable living space perfect for downsizers or first-home buyers. The capital value has seen a remarkable increase of 55.22%, jumping from $335,000 in August 2019 to $520,000 as of July 2022. The HouGarden AVM estimates the property's worth at $500,000, while the latest sale in 2004 was for $172,000, highlighting the investment potential.

On the valuation front, this property has a promising history, with the current CV reflecting a significant growth. The quiet neighborhood is further enhanced by the presence of top-rated schools such as Rangiora High School (Decile 9) and Rangiora Borough School (Decile 7), making it an ideal location for families. Other schools in the area include Southbrook School, Rangiora New Life School, Christchurch Adventist School, and Marian College, all within reach and offering diverse educational opportunities.

Located at 58a King Street, this residence is situated in a prime school zone, ensuring access to quality education. The property's potential is further amplified by its proximity to Rangiora township, where shops, cafes, and the library are mere moments away, adding immense convenience to the lifestyle it offers. This property is a golden opportunity for those looking to enter the market or add to their investment portfolio.

Updated on October 17, 2024