Nestled in the tranquility of a quiet cul-de-sac at 73b Bush Street, Rangiora, Waimakariri, this 1987-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with durable fibrous cement walls and an iron roof in good condition, it sits on a levelled contour with approximately 350m2 of land area. The home is heated by an efficient heat pump and is part of a cross-lease ownership. The latest sale history shows a significant jump from $93,000 in 1998 to $430,000 in 2024, indicating a capital value increase of 482.76%.
As per the government's valuation, the capital value has risen from $290,000 in August 2019 to $430,000 in July 2022. HouGarden AVM estimates the property's worth at $432,500. This growth trajectory highlights the investment potential of this property.
For families with children, the property falls within the catchment area of esteemed schools. Rangiora High School and Rangiora New Life School both have a decile rating of 9, while Rangiora Borough School stands at a decile 7. Marian College and Christchurch Adventist School are also within reach, offering diverse educational options.
Updated on September 25, 2024