Nestled in the picturesque township of Waikari, Hurunui, the property at 56b Princes Street offers a unique opportunity for those looking to build their dream home. This residential vacant section spans 1151sqm, providing ample space for a variety of home designs. With a freehold ownership type, the land presents an easy to moderate rise contour, making it an attractive option for potential homeowners. Although the specifics regarding bedrooms, bathrooms, and car parks are not provided, the property's infrastructure includes accessible sewer, water, and power, along with some existing shelter. The construction details of any existing structures, such as wall and roof materials, are unknown.
The property has seen a significant increase in capital value, jumping from $80,000 on September 1, 2019, to $230,000 by July 1, 2022, marking an impressive 187.5% growth. The latest HouGarden AVM estimates the property's value at $225,000. Recent sales history shows a sale at $155,000 on January 18, 2024, following a previous sale at $120,000 on February 18, 2021. This trajectory highlights the property's increasing appeal and value in the market.
For families considering educational opportunities, the property is zoned for schools with high decile ratings, including Rangiora New Life School (decile 9) and Christchurch Adventist School (decile 5), both classified as Composite schools. This location combines the tranquility of rural living with the convenience of nearby amenities in Waikari, such as a primary school, garages, cafes, and a local hotel offering dining and takeaway options. Amberley is also a short drive away, offering a wider range of amenities. This section is ready for someone to bring their home dreams to life in the serene setting of Waikari.