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Lifestyle Collection: Successful Auction Completes Sales of Subdivision

March 2022

Successful auction completes sales of popular North Canterbury subdivision

North Canterbury’s appeal based on its easy commute to Christchurch was demonstrated again recently as the remaining lots of a sought after subdivision were snapped up.

An early February auction of the 27 premium sections on the popular Amberley Oakfields subdivision resulted in all selling, either at the auction or soon after. Ranging from 401sqm to 642sqm, 15 sold under the hammer at prices ranging from $220,000 to $265,000, and the remaining 12 sold immediately after the auction.

Athol Earl of PGG Wrightson Real Estate conducted the auction, with the properties marketed by Maria Rickerby and Bruce Hoban. He said there was a good turnout of motivated purchasers.

“Our vendor was committed to meeting the market, and this was a satisfactory result for him. Spec builders accounted for many of the purchases, though couples intending to live or own in Amberley were also active. This is the final stage of the subdivision, which has comprised approximately 400 lots in total, underlining the appeal of North Canterbury and Amberley in particular,” he said.

Maria Rickerby says demand in the region is trending high.

“Everyone we talk to wants space, with North Canterbury’s easy pace a bonus. We have buyers interested in the area from all over: including Tauranga, Rotorua, Auckland and Wellington. Since the city’s northern motorway opened, North Canterbury to Christchurch is easy. A 30 to 40 minute drive is a straightforward commute to the airport, the central city or the eastern suburbs.

“Oakfields, located on the eastern side of Amberley, just off the State Highway, has been a popular choice with premium homes constructed and green spaces available. Thoughtfully planned, Oakfields boasts views to Seavale Hills and Mt Grey, alongside easy convenience to the array of amenities Amberley has on offer including boutique shops, cafes, a medical centre and supermarket,” says Maria.

With its population currently sitting at 1800, Maria says the township is well set for further measured growth.

Oakfields has attracted notable interest from developers. While previously they have focused closer to the city, they are now recognising the value of heading north. Amberley is popular with families, including those from North Island centres, ready to make the most of its proximity to Waipara’s vineyards and Hanmer Springs numerous recreation assets.

“Well provisioned for schooling, the town has three local primary schools, several pre-schools, a couple of prep schools, and is zoned for Rangiora High School, Canterbury’s second largest school. A well-supported community initiative is currently in progress and includes covering and heating Amberley’s local pool, while MainPower Stadium, catering for indoor sports and featuring four standard-size courts, opened last year in Rangiora. In addition, an excellent medical centre and two rest homes are located in Amberley, while a large retirement village is under construction.

“Retiring farmers are also drawn to the town, which is poised to expand gradually in the next few years, including with more land earmarked for subdivisions.”

 

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