Nestled in the serene cul-de-sac of 127 Otaki Street, Kaiapoi, this 1994-built, freehold property boasts a brick exterior and an iron roof, both in good condition. The 3-bedroom, 2-carpark home spans a floor area of 170sqm on a levelled 700sqm section. The property has seen a remarkable Capital Value increase of 55%, from $400,000 in August 2019 to the current $620,000 as of July 2022. The latest HouGarden AVM estimates the property at $592,500, while the latest sale history includes transactions at $265,000 in 2017 and $348,000 in 2007.
For families with school-aged children, the property falls within the catchment of several well-regarded schools, including Rangiora New Life School (decile 9), Kaiapoi Borough School (decile 5), Kaiapoi High School (decile 7), Christchurch Adventist School (decile 5), and Marian College (decile 8), ensuring access to quality education.
Boasting new carpeting, a fresh coat of paint, and a warm pellet fire complemented by a heat pump, this inviting home is ready for new memories to be made. The practical layout includes a separate lounge, combined kitchen and dining, a full bathroom, and an ensuite in the master bedroom. The insulated backyard, tiled patio, and garden shed provide additional space for outdoor enjoyment.
Updated on October 14, 2024