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Sold: $819,500

Sold on 2024 Year 2024 Month 10 Day 07

24 Mcgarry Drive, Kaiapoi, Waimakariri

440m2

Nestled on a level plot at 24 Mcgarry Drive, Kaiapoi, Waimakariri, this residential vacant land boasts a freehold title, offering potential buyers the autonomy and flexibility of ownership. With no specified number of bedrooms or bathrooms, and no parking facilities, this property presents a clean slate for development. The exact construction details of the walls and roof are unknown, but the property's contour is level, potentially simplifying any construction endeavors. As of July 1, 2022, the capital value is estimated at $320,000, reflecting the land's investment potential.

History shows a promising trend, with the latest sale on October 7, 2024, fetching $819,500, a significant increase from the government's valuation. The HouGarden AVM mirrors the capital value, indicating a consistent market perception of the property's worth. This rapid appreciation in capital value highlights an attractive investment opportunity in the region.

For families with educational considerations, this property falls within a desirable school zone. With a focus on quality education, the local schools boast impressive decile ratings, ensuring a solid foundation for children's academic pursuits.

Updated on November 20, 2024

Council Data

Last update : 2025 01 22
View typeNo appreciable view
ContourLevel
Land area440m²
Title1159549
Type of titleFreehold
Legal descriptionLOT 284 DP 595347
CouncilWaimakariri
Estate descriptionFSIM,1/1,LOT 284 DEPOSITED PLAN 595347,440m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningRes2

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Kaiapoi North School
0.95 km
Primary
1-8
Government
Co-Educational
EQI: 454
7
St Patrick's School (Kaiapoi)
1.80 km
Primary
1-8
Government
Co-Educational
EQI: 438
7
Kaiapoi Borough School
1.89 km
Primary
1-8
Government
Co-Educational
EQI: 484
5
Kaiapoi High School
2.52 km
Secondary
9-15
Government
Co-Educational
EQI: 463
7
Clarkville Te Kura ki Waimātao
5.17 km
Primary
1-8
Government
Co-Educational
EQI: 423
10
Te Kura o Tuahiwi
5.51 km
Primary
1-8
Government
Co-Educational
EQI: 499
6

Property history

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For developers

Unitary plan:Res2
Land:440m²
Title:Freehold

McGarry Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.08 km
3
137m2
Year 2024 Month 11 Day 14
$680,000
Council approved
0.10 km
0m2
Year 2024 Month 11 Day 14
$304,000
Council approved
0.03 km
0m2
Year 2024 Month 11 Day 08
$309,000
Council approved
0.08 km
3
146m2
Year 2024 Month 10 Day 30
$710,000
Council approved
0.10 km
0m2
Year 2024 Month 08 Day 08
$242,608
Council approved

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