Embrace the opportunity to own a piece of nostalgia from the 1970s with this solidly built 3-bedroom, 1-bathroom home, set on a freehold site of 607 square meters in the desirable location of 88 South Belt, Rangiora. Constructed with concrete walls and an iron roof, both in good condition, this residence offers a floor area of 119 square meters, complete with a log fire, heat pump, and full underfloor and ceiling insulation for year-round comfort. The property, with a CV of $600,000 as of July 2022, has seen a remarkable increase of 56% since August 2019, reflecting its growing value. The latest sale history includes transactions in 2019 and 2015, with prices of $390,000 and $363,000 respectively, while the HouGarden AVM estimates the property at $557,500.
For families, the property is a gem, being in the zones for Southbrook School and Rangiora High School, both highly rated with deciles of 7 and 9 respectively. Other schools in the area include Rangiora New Life School, Christchurch Adventist School, and Marian College, catering to various educational needs. This home not only promises a comfortable living environment but also a promising investment with its increasing capital value and prime location.
With a spacious living area, generous kitchen storage, separate bathroom, toilet, and laundry facilities, this home is ready for you to move in and enjoy. The large detached double garage, fully fenced yard, and proximity to Southbrook Park make it an ideal choice for those seeking a balanced lifestyle. Whether you're looking for a first home or a sound investment, this property is a must-consider.
Updated on May 06, 2024