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Sold: $680,000

Sold on 2024 Year 2024 Month 10 Day 14

31 Isa-Lei Road, Kaiapoi, Waimakariri

3
148m2
340m2

Nestled on a level plot at 31 Isa-Lei Road, Kaiapoi, Waimakariri, this residential vacant land boasts a freehold title, promising endless possibilities for your future development. With unknown specifics regarding the wall and roof construction, this property invites a blank canvas for your architectural vision. The 340 square meter land area is strategically located in a prime position, enhancing its investment potential.

As per the property's valuation history, the capital value as of July 2022 stands at $300,000, while the HouGarden AVM estimates it at $275,000. The latest sale record, from October 14, 2024, indicates a transaction price of $680,000, reflecting a significant appreciation in value. This trend highlights the rapid increase in the property's capital value, making it an attractive prospect for investors.

In terms of education, the property falls within the catchment area of several esteemed schools. Rangiora New Life School, a composite school with a decile rating of 9, is among the options, alongside Kaiapoi North School, a full primary with a decile 7 rating. For secondary education, both Kaiapoi High School (Year 9-15) and Marian College (Year 9-15) with decile ratings of 7 and 8 respectively, are available. The Christchurch Adventist School, a composite with a decile rating of 5, provides an alternative choice.

Updated on December 11, 2024

Council Data

Last update : 2025 01 22
Improvement value$380,000
Land value$300,000
CV(Year 2022 Month 07)$680,000
DeckYes
View typeNo appreciable view
ContourLevel
Land area340m²
Floor area148m²
Decade of construction2024
Title1114314
Type of titleFreehold
Legal descriptionLOT 298 DP 586745
CouncilWaimakariri
Estate descriptionFSIM,1/1,LOT 298 DEPOSITED PLAN 586745,340m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningRes2

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Kaiapoi North School
0.80 km
Primary
1-8
Government
Co-Educational
EQI: 454
7
Kaiapoi High School
2.42 km
Secondary
9-15
Government
Co-Educational
EQI: 463
7
Rangiora New Life School
8.82 km
Combined
1-13
Government
Co-Educational
EQI: 431
9
Christchurch Adventist School
14.37 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Marian College
18.06 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8

Property history

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For developers

Unitary plan:Res2
Land:340m²
Title:Freehold

Isa Lei Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
21 Pender Street, Kaiapoi
0.06 km
3
153m2
Year 2024 Month 12 Day 03
$690,000
Council approved
0.04 km
0m2
Year 2024 Month 10 Day 24
$295,000
Council approved
0.06 km
0m2
Year 2024 Month 09 Day 03
$289,000
Council approved
0.04 km
0m2
Year 2024 Month 08 Day 08
$242,608
Council approved
0.07 km
0m2
Year 2024 Month 08 Day 08
$242,608
Council approved

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