92 Luers Road, Oxford, Waimakariri

Nestled at the end of a quiet cul-de-sac on 92 Luers Road, Oxford, Waimakariri, this freehold property boasts privacy and stunning views. With a capital value of $485,000, the vacant land, sized at 41,000 square meters, offers a serene escape for a lifestyle of tranquility. The property is complemented by a stand of mature Macrocarpa trees, adding both value and future potential for resource utilization. The absence of building covenants provides complete freedom for future construction. Water supply is facilitated by the local council, ensuring convenience. Close to the vibrant Oxford township and with endless recreational possibilities, this property is a rare find. The capital value has seen a significant increase, reflecting a promising investment. The property is within the catchment of Rangiora New Life School, a composite school with a decile rating of 9, and is also near Christchurch Adventist School and Marian College, both reputable educational institutions.

History shows a consistent rise in the government's capital value assessment, with the current figure at $485,000. The HouGarden AVM estimates the property's worth at $470,000, indicating a strong market position. Recent sales in the area have further validated the rapid appreciation of capital values, making this a strategic purchase.

For families with children, the school zone is a significant advantage. Rangiora New Life School's high decile rating of 9 ensures quality education. Additionally, Christchurch Adventist School and Marian College, with deciles 5 and 8 respectively, offer diverse educational options, making this property an ideal choice for those who value education.

Updated on August 27, 2024