531 No 10 Road, Swannanoa, Waimakariri

Located at 531 No 10 Road, Swannanoa, Waimakariri, this lifestyle vacant property spans over 40,030 square meters of land. Despite the unknown specifics regarding bedrooms, bathrooms, and carparks, the property boasts a freehold ownership type, ensuring complete control over the land. The architectural details such as roof and wall construction remain unspecified, mirroring the property's potential for customization. Its level contour further complements the ease of development, promising a blank canvas for the dream home you wish to build.

From its initial capital value of $375,000 on August 1, 2019, to a significant increase to $700,000 by July 1, 2022, the property has seen an impressive capital value growth of approximately 86.67%. The latest sale on February 19, 2024, was recorded at $470,000, following a previous sale at $317,500 on March 20, 2016. The HouGarden AVM estimates the property's value at $665,000, indicating a promising investment opportunity. The owners are eager to sell, offering a rare chance to acquire a substantial 4-hectare block in Swannanoa at an affordable level, close to Kaiapoi, Rangiora, and the northern motorway.

The property falls within excellent school zones, including Swannanoa School with a decile rating of 10, Rangiora High School and Rangiora New Life School both with a decile of 9, Christchurch Adventist School at a decile of 5, and Marian College with a decile of 8. These schools offer a range of educational opportunities from full primary to secondary levels, ensuring quality education for children of all ages.

Updated on April 04, 2024.