Welcome to 42 Featherstone Avenue, a charming freehold property nestled in a quiet cul-de-sac of Kairaki, Waimakariri. Constructed in 1930 with wood walls and an iron roof, this 80sqm, 3-bedroom, 1-bathroom home sits on a level 630sqm section with 2 car parks. The property has seen a significant transformation, blending modern comfort with coastal charm. The capital value has skyrocketed by 108.70% from $230,000 in August 2019 to $480,000 as of July 2022, with a HouGarden AVM estimate of $470,000. The last sale was in August 1997 for $57,000, highlighting the property's impressive growth. This home is not just about numbers; it's about living the dream in a beachside paradise.
Government valuations and the HouGarden estimate reflect the property's escalating worth, making it an attractive prospect for investors. The latest sale history and rapid CV increase are indicative of a thriving real estate market in the area. This is a rare opportunity to own a piece of paradise that offers both lifestyle and potential return on investment.
For families, the school network is a significant draw. The property falls within the zones of Rangiora New Life School (decile 9), Kaiapoi North School (decile 7), Kaiapoi High School (decile 7), Christchurch Adventist School (decile 5), and Marian College (decile 8). These institutions provide a range of educational options for children of all ages, ensuring access to quality schooling.
Updated on August 30, 2024