Welcome to a charming 3-bedroom, 2-car park property with a freehold title, located at 53 Kotare Avenue, Rangiora, within a quiet cul-de-sac. Constructed in 2015 with robust brick walls and an iron roof, both in good condition, this residence boasts a level contour and a generous floor area of 194sqm on a land area of 602sqm. The modern design extends to a large open-plan living space, a well-appointed kitchen, and a heat pump for comfort, all double-glazed for energy efficiency.
As for investment value, the property has seen a significant Capital Value increase of 62.5%, from $480,000 in August 2019 to the current CV of $780,000 as of July 2022. The HouGarden AVM estimates the property at $760,000, while the latest sales history shows a marked progression from $135,000 in 2008 to $169,000 in 2011, indicating a promising growth trend.
Education is a key highlight, with the property being in the zone for several well-regarded schools. Rangiora High School and Rangiora New Life School both have a decile rating of 9, while Rangiora Borough School stands at a decile 7. Marian College and Christchurch Adventist School are also within reach, offering a range of educational options for families.
Updated on July 26, 2024