Nestled in the esteemed Mairehau neighborhood of Christchurch, this charming 1980s residence at 10 Ranger Street boasts a freehold title and a prime location. The 3-bedroom, 1-bathroom home is complemented by a generous living area, separate lounges, and a dining space, all set on a level 511sqm section with a concrete exterior and tiled roof in good condition. The property's Capital Value (CV) has seen a remarkable increase of 55.32% from $470,000 in 2019 to the current $730,000, while the HouGarden AVM estimates it at $700,000. This home, with its decile 9-rated Middleton Grange School nearby, is not just a comfortable family abode but also a sound investment with immense potential.
Government valuations reflect a significant growth trajectory for this property, which also includes a recent sale history that underscores its appeal. The CV growth percentage is a testament to the area's desirability and investment potential. The property's AVM from HouGarden adds another layer of confidence for potential buyers.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools, including the composite Middleton Grange School (decile 9), Emmanuel Christian School (decile 8), and Mairehau High School (decile 4), among others. This combination of location, value appreciation, and educational opportunities makes 10 Ranger Street an incredible find in the Christchurch property market.
Updated on April 19, 2024