Nestled in the prestigious Saint Heliers, this 4-bedroom, freehold property at 10c Rarangi Road is a charming residential dwelling. Constructed in 1940 with brick walls and tiled roof, the house stands on a land area of 428sqm with an interior floor space of approximately 198sqm. The property enjoys a good wall and roof condition, and its contour is an easy/moderate rise. The recent exterior repaint adds a fresh touch to this home, which also features upper-level views of the city and the Sky Tower.
With a current Capital Value (CV) of $1,900,000, the property has shown a significant increase over the years. The HouGarden AVM estimates the value at $1,852,500, while the latest sale on 22nd November 2023 was for $1,250,000, indicating a potential growth percentage that's attractive for investors. This home is not just about numbers; it's a timeless classic with abundant kauri timber detailing that would appeal to those who appreciate character and the potential for added value through refurbishments.
For families, the property is zoned for the well-regarded Churchill Park School and Glendowie College. The location is not only convenient for education but also for lifestyle, being just a short walk to the beachfront and St Heliers Village. This property in a highly sought-after coastal location is a golden opportunity for those who want to invest in both a home and a lifestyle.
Updated on August 12, 2024