8 Kensington Avenue, Rangiora, Waimakariri

Nestled in the serene cul-de-sac of 8 Kensington Avenue, Rangiora, this freehold property boasts 4 bedrooms, 2 bathrooms, and 2 car parks. Constructed in 2006 with robust brick walls and an iron roof, both in good condition, this 220sqm floor area residence sits on a levelled 761sqm land. The property's Capital Value (CV) has seen a remarkable increase of 58%, from $570,000 in August 2019 to $900,000 as of July 2022. The HouGarden AVM estimates it at $837,500, while the latest sales were for $890,000 in November 2021 and $520,000 in September 2016.

With a CV growth rate that outpaces the market, this home is not just a dwelling but an investment. It features open-plan living with a separate formal area, double glazing, twin heat pumps, and modernized bathrooms. The Ashgrove School (Decile 9) zone adds to its allure, with Rangiora High School and other reputable institutions nearby, making it an ideal choice for families.

Conveniently located close to amenities and within a high-achieving school network, this property offers the perfect blend of comfort, convenience, and potential for further value appreciation. It's a must-see for those seeking a quality living environment in the northwest end of Rangiora.

Updated on May 24, 2024