1 Oakville Close, Rangiora, Waimakariri

Nestled in the tranquility of 1 Oakville Close, Rangiora, Waimakariri, this residential vacant land boasts a freehold title, offering a level contour for potential development. While the specifics of the wall and roof construction remain unknown, the property presents a clean slate with a promising CV of $480,000 as of July 2022, a 100% increase from its $240,000 valuation in August 2019. The HouGarden AVM estimates the property's worth at $470,000, closely reflecting the latest sale price of $490,000 in July 2024, a significant jump from the previous sale of $249,000 in December 2019.

With no details on the number of bedrooms, bathrooms, or carparks, this property is a blank canvas for the imaginative buyer. The CV growth rate is a testament to the area's rising value, making it an attractive investment in the long run.

For families with educational considerations, the property falls within the catchment of Te Matauru Primary, a full primary with a decile rating of 7. The nearby Rangiora High School and Rangiora New Life School both command a decile rating of 9, while Christchurch Adventist School and Marian College offer additional educational options with deciles of 5 and 8 respectively.

Updated on August 28, 2024