Nestled at 151 Williams Street, Kaiapoi, this Freehold property boasts a impressive 5-bedroom and 3-carpark configuration. Constructed in 1910 with Roughcast walls and an Iron roof, it spans a floor area of 220m² on a Level land area of 599m². Currently converted into flats, it presents a rental investment opportunity with a government valued capital of $910,000 as of July 2022, showing a significant increase of 59.65% from August 2019. The latest sale history marks a transaction at $800,000 in February 2024, and $575,000 in August 2018.
Valued at $872,500 by HouGarden AVM, this property is complemented by its strategic location within the catchment of esteemed schools such as 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).
With a consistent rental income and a promising CV growth, this property is not just a dwelling but a sound investment in a desirable school zone.
Updated on April 10, 2024