11 Hodgkinson Road, Pegasus, Waimakariri

Nestled in the serene cul-de-sac of Hodgkinson Road, Pegasus, Waimakariri, this 2016-built, freehold property boasts a capital value that has seen a remarkable increase of 66.67% from $390,000 in August 2019 to $650,000 as of July 2022. The 138m² floor area is spread across 3 bedrooms, 2 bathrooms, and a single carpark, all encased within walls of solid wood and an iron roof, both in good condition. The 307m² land stands level, offering a low-maintenance lifestyle perfect for retirees, professionals, investors, or first-time buyers. The functional layout provides privacy with a separated master suite, while the open-plan kitchen and living areas are bathed in natural light, leading out to a sun-drenched deck. The property is equipped with a heat pump and double glazing for comfort, and it's conveniently located near top-rated schools such as Rangiora New Life School (Decile 9), Pegasus Bay School (Decile 10), and more. The HouGarden AVM estimates the property at $632,500, and with the latest sale in 2013 at $395,000, this property presents an attractive opportunity in a desirable seaside town.

With a history of steady capital value growth, this property is not only an affordable option but also a wise investment. The combination of a peaceful location, modern amenities, and access to high-quality education makes it an ideal choice for those seeking easy living without compromising on quality.

Education is a priority, and this property falls within the catchment area of some of the best schools in the region. Rangiora New Life School and Pegasus Bay School offer primary and composite education with high decile ratings, while Kaiapoi High School, Christchurch Adventist School, and Marian College provide secondary education with impressive decile scores, ensuring a sound foundation for learning.

Updated on August 30, 2024