111 King Street, Rangiora, Waimakariri

Nestled in the heart of Rangiora at 111 King Street, this charming residential dwelling boasts a prime location and a plethora of appealing features. Constructed in 1996 with durable brick walls and an iron roof, the property stands firm with a good wall and roof condition. It offers 2 bedrooms, 2 carparks, and a floor area of 120 square meters, all within a cross-lease ownership. The north-facing layout allows for ample sunlight, creating a warm and inviting atmosphere, perfect for your first home, last sanctuary, or a lucrative investment.

Since August 2019, the capital value has seen a remarkable increase of 62.86%, jumping from $350,000 to the current $570,000. The HouGarden AVM estimates the property's worth at $520,000, while the latest sale on September 14, 2023, was recorded at $540,500, a significant leap from the 2005 sale price of $225,000. This growth trajectory highlights the property's investment potential.

For families with children, the property falls within the catchment area of esteemed schools. Rangiora High School and Rangiora New Life School both hold a decile rating of 9, while Rangiora Borough School is rated at 7 and Marian College at 8. Christchurch Adventist School rounds out the list with a decile rating of 5, offering a range of educational options for all ages.

Updated on December 03, 2024