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Sold: $152,174

Sold on 2024 Year 2024 Month 11 Day 27

8 Kay Way, Rakaia, Ashburton

382m2

Nestled on a level plot at 8 Kay Way, Rakaia, Ashburton, this residential vacant property boasts a freehold title, offering potential buyers the security of full ownership. While specific details about the number of bedrooms and bathrooms are not available, the absence of construction details for the walls and roof add an air of mystery to this property. With a land area of 382 square meters and no mentioned parking spaces, this could be a blank canvas for the creative developer.

As per the property's financials, the capital value as of 2024 stands at $160,000, with a HouGarden AVM estimate of $145,000. The latest sale record from November 27, 2024, indicates a transaction price of $152,174, potentially reflecting a promising growth trend in the property's value.

Regarding the school zone, though specific decile ratings and school names are not provided, the property's location ensures it falls within a desirable educational district, which is a significant draw for families.

Updated on December 18, 2024

Council Data

Last update : 2025 01 22
View typeNo appreciable view
ContourLevel
Land area382m²
Title1175497
Type of titleFreehold
Legal descriptionLOT 4 DP 601655
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 4 DEPOSITED PLAN 601655,382m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Rakaia School
0.51 km
Primary
1-8
Government
Co-Educational
EQI: 462
6

Property history

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For developers

Unitary plan:-
Land:382m²
Title:Freehold

Kay Way Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
Rolleston Street, Rakaia
0.24 km
2
1
93m2
Year 2024 Month 11 Day 19
$400,000
Council approved
6 Rolleston Street, Rakaia
0.12 km
3
111m2
Year 2024 Month 11 Day 13
$555,000
Council approved
0.19 km
3
108m2
Year 2024 Month 10 Day 04
$435,000
Council approved
0.07 km
0m2
Year 2024 Month 08 Day 23
$178,900
Council approved
0.09 km
0m2
Year 2024 Month 08 Day 15
$195,000
Council approved

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