Nestled in the heart of Rangiora at 119a Percival Street, this delightful 2-bedroom, 1-carpark home on a cross-lease title boasts a brick exterior and iron roof, both in good condition, built in 1996. The property, with a floor area of 150 square meters, is complemented by a Daikin heat pump and a low-maintenance, sheltered garden. The capital value has seen a stunning increase of 57%, from $395,000 in August 2019 to the current $620,000 as of July 2022. The HouGarden AVM estimates the property at $602,500, while the latest sale history shows a sale price of $545,000 in June 2024 and $385,000 in June 2018.
For families, the property falls within the catchment of esteemed schools, including Rangiora High School (decile 9) and Rangiora Borough School (decile 7), with other nearby options like Rangiora New Life School (decile 9), Christchurch Adventist School (decile 5), and Marian College (decile 8), making it an ideal investment for those valuing education.
With its prime location, rental potential, and a warm, inviting living space, this property is perfect for first home buyers, retirees, or investors seeking a high-demand rental. The opportunity to own this gem in a sought-after school zone is not to be missed.
Updated on July 26, 2024