Nestled in a serene cul-de-sac on 525 Downs Road, West Eyreton, this freehold property is a charming lifestyle haven. Constructed in 1950 with brick walls and tiled roofing, it offers 3 bedrooms, a bathroom, and an expansive floor area of 150 square meters on a levelled 40,350 square meter land. The property's Capital Value (CV) has seen a remarkable increase from $430,000 in August 2019 to $750,000 as of July 2022, reflecting a growth rate of 74.42%. This is further supported by the HouGarden AVM estimate of $715,000.
With a CV growth history that speaks volumes about its investment potential, this property also boasts a convenient location, being just 22 minutes from Rangiora and a 30-minute commute to Christchurch CBD. The schools in the area, including West Eyreton School (Decile 10), Rangiora High School (Decile 9), and others, offer a high standard of education, making it an ideal choice for families.
Whether you're looking to renovate and add your personal touch or enjoy the tranquility of rural living, this property presents endless opportunities. Embrace the chance to live a good life in a sought-after school zone, with the convenience of urban access.
Updated on April 09, 2024