8b Kingsbury Avenue, Rangiora, Waimakariri

Nestled in the serene cul-de-sac of 8b Kingsbury Avenue, Rangiora, Waimakariri, this charming residential dwelling boasts a cross-lease title on a level contour. Constructed in 1992 with solid brick walls and an iron roof, both in good condition, the property offers 2 bedrooms, a modern bathroom, a single carpark, and a floor area of 140 square meters. The capital value has seen a remarkable increase of 55%, from $400,000 in August 2019 to the current $620,000 as of July 2022. The property also features a heat pump and HRV for year-round comfort.

With a HouGarden AVM valuation of $612,500 and the latest sale recorded on August 14, 2023, at $540,000, this property presents a sound investment opportunity. The government valuations reflect a consistent growth trend, making it an attractive prospect for potential buyers.

For families with children, the property falls within the catchment area of highly rated schools, including Ashgrove School (Full Primary, Decile 9), Rangiora High School (Secondary, Decile 9), and Rangiora New Life School (Composite, Decile 9), ensuring access to quality education.

Updated on November 05, 2024