18 Penfold Square, Leithfield, Hurunui

Welcome to 18 Penfold Square, Leithfield, Hurunui, a quintessential Kiwiana beach bach nestled in a serene location. This property, with its 2 bedrooms, 1 bathroom, and 2 car parks, spans a floor area of 52m² on a generous 307m² freehold land. Built in the 1940s, the dwelling features fibrous cement walls and an iron roof, both in fair condition, complemented by a level property contour, offering a blend of charm and potential.

Since its last valuation in September 2019 at $175,000, the capital value of this residence has surged to $305,000 by July 2022, marking an impressive 74.29% increase. The HouGarden AVM estimates its worth at $295,000, while the latest sale on December 31, 2023, reached $321,000, up from a mere $21,000 in April 1986. This property's value trajectory underscores its desirability and the potential for further appreciation.

Education is well catered for, with Leithfield School (Full Primary, decile 8), Rangiora High School (Secondary Year 9-15, decile 9), Rangiora New Life School (Composite, decile 9), and Christchurch Adventist School (Composite, decile 5) all within the vicinity. This property promises a blend of peaceful living and convenient access to quality education, making it an ideal choice for families.

Updated on April 06, 2024.