62 Railway Road, Rangiora, Waimakariri

Nestled in the serene Rangiora, this modern haven at 62 Railway Road boasts a freehold title on a levelled 785sqm of land. Constructed in 2015 with robust brick walls and iron roofing, the property is in a pristine condition, both inside and out. It features a generous floor area of 138sqm, with three bedrooms, one bathroom, and two parking spaces, all accentuated by the comfort of double glazing and a heat pump. The latest sale was recorded on October 29, 2021, at $610,000, which is a significant leap from the $390,000 government valuation in August 2019, marking a 56.41% increase. The HouGarden AVM estimates the property at $567,500, making it an attractive investment opportunity.

As for the government valuations, the capital value has seen a rapid rise, reflecting the property's appeal and potential. Moreover, the location is further enhanced by its proximity to esteemed educational institutions. The Rangiora High School and Rangiora New Life School, both with a decile rating of 9, are in the zone, along with the Southbrook School (decile 7) and Marian College (decile 8), ensuring a quality education for the family.

For families with children, the property falls within the catchment area of some of the best schools in the region. The Rangiora High School, known for its secondary education, and Southbrook School, offering a full primary education, are among the top choices. This, coupled with the property's modern amenities and convenient location, makes it an ideal blend of comfort, convenience, and potential investment returns.

Updated on May 28, 2024