Nestled in the tranquility of a quiet cul-de-sac at 3 Kaikanui Street, Kaiapoi, this freehold property is a gem for any discerning buyer or investor. Constructed in 2008 with brick walls and tiled roofing, the well-maintained three-bedroom, two-carpark home sits on a levelled 506 sqm of land. The property's Capital Value (CV) has seen a remarkable increase from $465,000 in August 2019 to $700,000 as of July 2022, reflecting a growth of 50.5%. The latest sales history shows transactions at $450,000 in August 2018 and $479,000 in August 2016, while the current HouGarden AVM estimates it at $670,000.
With a CV priced $70,000 below the market, this is an opportunity not to be missed. The residence offers an open-plan dining area, a separate lounge, and a deck perfect for entertainment. It is equipped with electric heating and insulated ceilings and walls for all-season comfort. The compound includes a double garage, two garden sheds, a glasshouse, and raised gardens. Beyond the property lies a serene park with walkways, lakes, and abundant birdlife.
For families with children, the property falls within the catchment area of several esteemed schools. Rangiora New Life School boasts a decile rating of 9, while Kaiapoi Borough School, Kaiapoi High School, Christchurch Adventist School, and Marian College are all within reach, offering diverse educational opportunities.
Updated on October 15, 2024