35 Geddis Street, Rangiora, Waimakariri

Nestled in the tranquility of 35 Geddis Street, Rangiora, this charming residence boasts a freehold title on a level plot of 645m². Constructed in 1970 with robust concrete walls and an iron roof, both in good condition, the property offers 3 bedrooms, 1 bathroom, and a single carpark, with a warm and inviting floor area of 103m². The recent CV of $560,000 reflects a significant increase of 57.75% from the 2019 valuation, while the HouGarden AVM estimates the property at $515,000.

With a sales history showing a latest transaction of $560,000 in 2024, and a previous sale at $361,000 in 2020, this property has demonstrated strong capital value growth. The rental potential is highlighted by the current lease at $380 per week, with a long-term tenant in place.

For families with school-aged children, the property falls within the catchment of several esteemed institutions. Rangiora High School and Rangiora New Life School both carry a decile rating of 9, while Rangiora Borough School stands at a decile 7. The Christchurch Adventist School and Marian College are also within reach, offering a range of educational options.

Updated on December 11, 2024