Nestled in the serene Townsend Fields, 23 Hotere Street presents a rare opportunity on a freehold titled section, ready for your dream construction. This level plot, spanning approximately 653m2, is a prime investment in the heart of Rangiora, Waimakariri. With an unknown roof and wall construction, this property invites your architectural vision. The capital value has seen a remarkable increase of 102.43% from $205,000 in August 2019 to $415,000 as of July 2022. The latest sale in December 2020 was at $220,000, while the HouGarden AVM estimates the value at $417,500, indicating a promising return on investment.
For families with educational considerations, the property falls within the zones of Te Matauru Primary, a full primary with a decile rating of 7, and Rangiora High School, a secondary school with a prestigious decile rating of 9. Other notable schools in the area include Rangiora New Life School, Christchurch Adventist School, and Marian College, offering a range of educational options.
With the previous offer having collapsed, this is your second chance to secure a prime piece of real estate in a sought-after location. Don't miss this opportunity to collaborate with genuine sellers and turn this section into your future home.
Updated on October 01, 2024