5 Mccahon Drive, Rangiora, Waimakariri

Located at 5 Mccahon Drive, Rangiora, Waimakariri, this residential vacant land spans 648 square meters and is a perfect canvas for building a dream home. The property is a freehold, ensuring complete ownership without any shared interest. Although the specifics regarding bedrooms, bathrooms, and car parks are not applicable as it is a vacant lot, the land's level contour provides an excellent foundation for construction. The details about the roof and wall construction, as well as their conditions, remain unknown, reflecting the property's current undeveloped status.

Over the years, the capital value of this property has seen a significant increase, jumping from $205,000 on August 1, 2019, to $415,000 by July 1, 2022, marking a 102.44% growth. The latest HouGarden AVM estimates the property's value at $397,500. Recent sales data shows a transaction on January 24, 2024, where the property was sold for $400,000, following a previous sale on December 10, 2020, for $215,000, indicating a steady interest and value appreciation in this location.

The property is advantageously located within the zone for several reputable schools, offering a range of educational opportunities. These include Te Matauru Primary (Full Primary, decile 7), Rangiora High School (Secondary Year 9-15, decile 9), Rangiora New Life School (Composite, decile 9), Christchurch Adventist School (Composite, decile 5), and Marian College (Secondary Year 9-15, decile 8). This diverse selection provides excellent options for families considering the educational needs of their children.

Updated on April 06, 2024.