30 Princes Street, Waikari, Hurunui

Embrace the opportunity to own a charming 1-bedroom, 1-bathroom residence with a single carpark, set on a sprawling 12,646sqm of freehold land at 30 Princes Street, Waikari, Hurunui. Constructed in 1950 with wood walls and an iron roof, this property presents an average condition both inside and out. The capital value has seen a remarkable increase of 55.36% from $280,000 in 2019 to $435,000 as of 2022. The HouGarden AVM estimates the property's worth at $432,500, while the latest sales in 2024 and 2018 were recorded at $455,000 and $225,000 respectively. This residence is not just a home but a potential investment with its spacious land and development prospects.

When it comes to the government's valuation and sales history, this property is a goldmine. The rapid CV growth is a testament to the area's rising popularity and potential. The added bonus is the property's location within a prime school zone. The Rangiora New Life School, a composite institution, boasts a decile rating of 9, while the Christchurch Adventist School is rated a 5. Education and investment go hand in hand here, making it an ideal choice for families.

Nestled in a quiet cul-de-sac, the property enjoys serene views north towards Hanmer Springs, ensuring ample sunshine and tranquility. Whether you seek a peaceful retreat, a renovation project, or a sound investment, this property is a winning combination of convenience, space, and potential.

Updated on November 20, 2024