Located at 25 Ranger Street, Mairehau, Christchurch, this residential dwelling is a testament to quality living with its three bedrooms, a spacious floor area of 150m², and a generous land area of 576m². Built in 1984, the property boasts a brick wall construction and tile roof, both in good condition, ensuring durability and low maintenance. The freehold ownership type offers the ultimate in property rights, and with two carparks, it caters to the modern family's needs. The level property contour adds to the ease of access and usability of the outdoor spaces.
Over the past few years, the property has seen a significant increase in capital value, from $520,000 in August 2019 to $790,000 in August 2022, marking a 51.92% increase. The HouGarden AVM estimates the property's value at $755,000, while the latest sale in December 2023 was at $635,000. This trajectory underscores the property's excellent investment potential and the growing demand in the Mairehau area.
The property is zoned for several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Emmanuel Christian School (Composite Year 1-10) with a decile of 8, and several others catering to a range of educational needs. This makes it an ideal choice for families prioritizing education.
Updated on April 06, 2024.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 2 | 1 | -m2 | 2024 05 17 | $595,000 | Council approved | |
 | 0.10 km | 3 | 1 | -m2 | 2024 04 19 | $652,000 | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | 2024 02 26 | $635,000 | Council approved | |
 | 0.14 km | 2 | 1 | 80m2 | 2024 01 31 | $525,000 | Council approved | |
0.23 km | 2 | 1 | 82m2 | 2024 01 28 | $457,000 | Council approved |