131b Otaki Street, Kaiapoi, Waimakariri

Nestled in the serene Otaki Street of Kaiapoi, Waimakariri, this 2021-built, freehold property boasts a modern design with a capital value that has seen a rapid increase of 49.33%. This 3-bedroom, 1-bathroom home with a floor area of 97sqm and a land area of 400sqm, features wood construction walls, an iron roof, and is in a level contour. The property includes a 2-car park, and a wrap-around hardwood decking that invites a smooth transition between indoor and outdoor living. The government's current valuation stands at $560,000, while HouGarden's AVM estimates it at $520,000. Notably, the property's last sold price was $60,000 in 2015 and $162,500 in 1996, showcasing a significant appreciation over the years.

With a CV increase that outpaces the market, this home is not just an investment but a smart one. It is located in a prime school zone, with Rangiora New Life School (decile 9), Kaiapoi Borough School (decile 5), Kaiapoi High School (decile 7), Christchurch Adventist School (decile 5), and Marian College (decile 8) all within reach. The property's convenient location near Kaiapoi's amenities, combined with its modern comforts and high-quality finishes, makes it an attractive option for families seeking comfort and convenience.

For those who value a peaceful lifestyle without compromising on convenience, this property in a quiet cul-de-sac is a rare find. It offers the perfect blend of modern living, investment potential, and access to quality education.

Updated on May 27, 2024