Nestled at 414 Williams Street, Kaiapoi, within the esteemed Sovereign Palms subdivision, this property is the proud home of the established Sovereign Star Preschool. Offered to the market for the first time, it stands on a freehold title of approximately 1,940sqm with a well-designed childcare centre, built in early 2015, covering an area of around 381sqm. The investment highlights include a strong lease covenant, returning $150,140pa plus GST and outgoings, with over 5 years remaining on the lease term accompanied by Rights of Renewal. The property, with unknown roof and wall construction, boasts a Capital Value (CV) of $2,470,000 as of July 2022, showing a growth of 12.27% from its August 2019 valuation of $2,200,000. The latest sale was recorded on September 30, 2024, at $960,000, while HouGarden AVM estimates the property's value at $2,367,500.
With a Level contour and unknown condition for both walls and roof, this property is located in a prime area with a high educational decile. The nearby schools include 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), making it an ideal investment for those considering the value of a good school zone.
For those seeking a modern, hassle-free investment in a desirable location, this opportunity is not to be missed.
Updated on October 09, 2024
ગલીનો સરનામું | દુર | શયનખંડની સંખ્યા | સ્નાનગૃહની સંખ્યા | મકાન વિસ્તાર | વેચાયેલ સમય | વેચાયેલી કિંમત | ડેટા સ્ત્રોત | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 4 | 2 | 240m2 | 2024 વર્ષ 10 મહિનો 30 દિવસ | $925,000 | Council approved | |
 | 0.19 km | 4 | 2 | -m2 | 2024 વર્ષ 08 મહિનો 30 દિવસ | - | Council approved | |
 | 0.25 km | 4 | 2 | -m2 | 2024 વર્ષ 08 મહિનો 22 દિવસ | $755,000 | Council approved | |
 | 0.26 km | 4 | 182m2 | 2024 વર્ષ 07 મહિનો 18 દિવસ | $755,000 | Council approved | ||
 | 0.13 km | 3 | 3 | 142m2 | 2024 વર્ષ 07 મહિનો 02 દિવસ | $675,000 | Council approved |